BAIC eyes sales lift
By Jin Jing |
March 29, 2011, Tuesday
|
Print Edition
Print Edition
BEIJING Automotive Industry Holding Co, China's fifth-largest auto maker, aims to lift sales to 3.5 million units by 2015 focusing on self-branded cars.
BAIC, as the Chinese partner of Daimler AG and Hyundai Motor Corp is known, plans to build a new facility in Hebei Province that will start operation as early as the end of 2012, its Chairman Xu Heyi said.
Its first self-branded vehicle, a mid-to-high-class sedan using Saab's technology will be mass produced by the end of this year.
BAIC, as the Chinese partner of Daimler AG and Hyundai Motor Corp is known, plans to build a new facility in Hebei Province that will start operation as early as the end of 2012, its Chairman Xu Heyi said.
Its first self-branded vehicle, a mid-to-high-class sedan using Saab's technology will be mass produced by the end of this year.
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