CHINESE AUTOMAKERS BUSY LAUNCHING NEW MODELS

AsiaInfo Services, January, 2006

AsiaInfo Services 01-05-2006 Chinese Automakers Busy Launching New Models BEIJING, Jan 05, 2006 (SinoCast via COMTEX) -- Chinese automakers are busy launching new models in the run-up to traditional Spring Festival, hinting more fierce competition in 2006. Dongfeng Peugeot Citroen Automobile Co., Ltd.

(DPCA), the venture of French PSA Group, will launches Peugeot 206 on January 6, 2006. Peugeot 206 is an economical car with global sales of 610,000 units for the full year 2005. DPCA hasn't fixed price of Peugeot 206 but will provide a competitive price to Chinese customers. Nanjing Motor Group Co., Ltd. will bring in its all-new Soyat, also an economical sedan. Chery Automobile Co., Ltd., one of China's most successful private carmakers located in Wuhu of...

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