China Automobile Deutschland plans to enlarge Chinese cars’ offer, introducing three new models, one of which will be Landmark SUV made by Zhongxing Automobile (ZX Auto). The car will cost 27,000 EUR. To compare – the basis version of the car in China costs 119,800 yuan, which equals 10,900 EUR. In fact, the price is nearly 150% higher. It is worth to accent, that it is possible to order Landmark in Poland with the price of 80,000 PLN.
Except of Landmark, two new models – pickup and SUV made by Gonow Automobile will appear in the offer as well. China Automobile Managing Director Karl Schloessl said he also plans to launch sales of more Chinese-built vehicles by the end of 2008. The lineup will be expanded by a small car, a midsize car and a delivery vehicle. China Automobile says it also will sell Chinese vehicles in Austria and Luxembourg. The importer, based in Munich, plans to have 125 dealers in Germany by the end of the year from about 76 now. The company says it already has started deliveries of Shuanghuan Automobile's CEO SUV (copy of BMW X5) and Jonway Automobile's UFO sport-utility (copy of RAV4) to its dealers in Germany.
Source: Automotive News
Source: China Motors