Great Wall begins building assembly plant for light trucks in Chongqing
Great Wall Motor Co., China’s largest manufacturer of light trucks, broke ground on a vehicle assembly plant in the southwest China municipality of Chongqing to better supply southern China.
The 4.5 billion yuan ($718 million) factory is to start production toward the end of 2019. It will build Wingle pickups and Haval crossovers and SUVs.
The plant will produce 160,000 vehicles a year at full capacity, Great Wall said.
Great Wall operates three assembly plants, all of which are in northern China cities -- Baoding and Xushui in Hebei province and the port city of Tianjin. The three factories can produce up to 1.05 million vehicles a year at full capacity.
In the first two months, Great Wall delivered 168,376 vehicles, virtually unchanged from the same period last year.
The company’s sales slipped 0.4 percent to roughly 1.1 million vehicles in 2017.
In February, Great Wall signed a letter of intent with BMW AG to establish a joint venture in China to produce Mini electric vehicles.
Great Wall, headquartered in the north China city of Baoding, is listed in Shanghai and Hong Kong.
The plant will produce 160,000 vehicles a year at full capacity, Great Wall said.
Great Wall operates three assembly plants, all of which are in northern China cities -- Baoding and Xushui in Hebei province and the port city of Tianjin. The three factories can produce up to 1.05 million vehicles a year at full capacity.
In the first two months, Great Wall delivered 168,376 vehicles, virtually unchanged from the same period last year.
The company’s sales slipped 0.4 percent to roughly 1.1 million vehicles in 2017.
In February, Great Wall signed a letter of intent with BMW AG to establish a joint venture in China to produce Mini electric vehicles.
Great Wall, headquartered in the north China city of Baoding, is listed in Shanghai and Hong Kong.
