Pyeonghwa Motors (DPRK) and Mekong (Vietnam)

[mrgq]

Brilliance China Automotive Holdings, the Chinese partner of BMW, has inked an agreement with Pyeonghwa Motors of South Korea to assemble its Jinbei Haice mini-buses in North Korea.

Pyeonghwa has set a sales target of 12,000 units over five years for the CKD vehicles.
It also wants to bring the Haice and Brilliance’s Zhonghua sedans into South Korea. This gives Zhonghua another boost, following it’s a deal last November with HSO Motors Europe, a German car importer, to ship 158,000 unit to Europe over the next five years.

In a joint statement, the companies said that if the Haice project is successful, they are “very likely to consider further cooperation on the production of Brilliance China's other brands of vehicles in North Korea.”

Pyeonghwa has a joint venture assembly plant in North Korea, which is 30% owned by the North Korean government.

It also signed a contract in November last year with HSO Motors Europe, a German auto importer, to ship 158,000 units of its Zhonghua branded cars to Europe over the next five years.

Brilliance China's 2006 unit sales surged more than 70% to 210,000 vehicles, including 8,655 exports.

[superidler]

That's interesting.... I've never seen any cars from Pyeonghwa..... I thought it's north korean company.....and they normaly export their cars to the third world market such as Africa... Not to south korea...

[erik (laofan), cmvdc]

Pyonghwa is a very successful North Korean car producer (production 2005: 7 cars, according South Korean sources), assembling Fiat Siena (I guess 50-200), Fiat Doblo (probably one), Shuguan crewcab pickup (never seen in DPRK), Shuguan 4 x 2 (probably 50-200), 4 x 4 (not yet seen) , Ssanyong Chairman (probably one) and now the Brilliance Jinbei Hi Ace.

[Brad]

I'm guessing this is the same Erik who put out a book on North Korean-made cars. I plan to write an article about cars in NK (imports and locally made) for Bloomberg News, my employer. Could we have a private e-mail exchange or could I phone you? I'm particularaly interested in how you came up with these estimates of production. Thanks. -Brad

Originally Posted by erik (laofan), cmvdc

Pyonghwa is a very successful North Korean car producer (production 2005: 7 cars, according South Korean sources), assembling Fiat Siena (I guess 50-200), Fiat Doblo (probably one), Shuguan crewcab pickup (never seen in DPRK), Shuguan 4 x 2 (probably 50-200), 4 x 4 (not yet seen) , Ssanyong Chairman (probably one) and now the Brilliance Jinbei Hi Ace.

[martin_krpan]

Below is a link to their official site:
http://www.pyeonghwamotors.com/

Ssanyong and Jinbei are not yet shown in their product line.





http://www.mojalbum.com/martinkrpan/...m/foto/6874861


http://www.mojalbum.com/martinkrpan/...m/foto/6874855

[Trivia Tim]

The North Korean Siena is more modern-looking than the Nanjing-made version.
No wonder Fiat has failed in China!

[m14]

I read that Brilliance China Automotive has reached an agreement to produce light buses in North Korea. Its pretty crazy if they do considering they have partners in South korea!..

[phaeton]

I find that info interesting

[Raul]

I heard this news too. Good luck with them. I hope deals like this help North Korea slowly open their market for global business.

[martin_krpan]

Two new Pyeonghwa's cars.

Pyeonghwa Hwiparam II - licensed Zhonghua:

http://www.mojalbum.com/martinkrpan/...2/foto/8419888


Pyeonghwa Samchulri - rebadged Jinbei Awing:

http://s2.mojalbum.com/avtomobilizem...16_8419865.jpg