MIDDLE CLASS CARS LOOK UP

AsiaInfo Services, June, 2002

AsiaInfo Services 06-28-2002 Middle Class Cars Look Up CHINA, Jun 28, 2002 (AsiaPort via COMTEX) -- In the second half of this year, several styles of domestic middle class cars, including Hainan Mazda's Fumailai, Toyota T-1, upgraded Sail, Pola 1.6, andElysee, will together come into market.

A fierce battle onprices of domestic middle class cars seems inevitable. On the just concluded Beijing International AutomobileExposition, Hainan Mazda Fumailai, fixed at the price of RMB150,000 to 200,000, newly appeared, and was expected to come intomarket in July. Its 1.8 L output volume is a obvious advantagein cars valued between RMB 150,000 and RMB 200,000. A new modelof Toyota which comes out of Toyota T-1 will also appear in theChinese market this autumn. This type...

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