Changan sets 2m production goal

(chinadaily.com.cn)
Updated: 2007-06-19 14:21

Special coverage: Auto Shanghai 2007
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Changan Automobile Co's president Xu Liuping said the company has set its 2010 auto production and sales targets at two million units, making it the second Chinese automaker after First Automobile Works Corp setting the same ambitious goal.

Changan-brand vehicles with independent intellectual property rights are expected to reach 1.2 million units by 2010, 60 percent of the total. To achieve this goal, the company will build 12 vehicle development platforms, seven for sedans and five for economy cars, and five engine development platforms.

By 2010, Changan will release 31 Changan-brand vehicles including sport utility vehicles and sports cars, 60 percent of which will be sedans. These vehicles will be 3.3 to five meters long, and their displacements will range from 0.8 to 2.2 liters.

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The full text is available in the June Issue of AutoChina.

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