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Incom-Auto opened the Russian representation of the China-based automotive plants Geely, ZX (ZhongXing) and JMC as their official distributor, the company informed.

The sale will be launched in May. The negotiations with the above plants were started in Mar. 2005.

Thus, Geely Otaka, ZX Landmark, ZX Grandtiger and JMC Carrying will appear on the Russian market in May.

Geely Otaka and ZX Landmark will be assumbled in Sverdlovsky reg. at Ural Automobiles and Motors. The production maintenance will required $100mln of investments. $10mln will be invested in the development of the dealing network.

Incom Auto Holding is one of the leading car dealers in Russia. Incom-Auto is an official dealer of AvtoVAZ, GAZ, UAZ, Daewoo, Hyundai, Kia, Renault, Ford, Chery, Fiat, SsangYong.

In 2006 the Holding sold 46.572th cars or 23.5% higher prior year; the revenues gained $577mln (1.5 fold rise).

"AK&M", 03.04.2007 15:59
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