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Great Wall Motor breaks ground for Bulgaria plant.

May 13, 2009 (Gasgoo.com) - China's largest sport utility vehicle (SUV) maker, Great Wall Motor Co, has started construction of an auto plant in Lovech city of Bulgaria in cooperation with Bulgaria's Litex, Bulgarian media reported on May 11th.

The plant has an initial investment of 80 million euros and is expected to produce Great Wall's Florid cars and Hover SUVs. According to Sofia News Agency, this project will initially create 1,000 new jobs.

Bulgaria's Prime Minster, Sergey Stanishev, broke ground for the plant during the opening ceremony.

Mr. Stanishev said that the plant was a symbol of his Cabinet's policy to make the country attractive for foreign investments and to create new, competitive productions.


Bulgaria's Prime Minster, Sergey Stanishev, broke ground of the Great Wall car factory near the city of Lovetch
 

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erik (laofan) said:
Production of Safe is nearly zero this year: First 6 months 2009:
Hover 26.804; Safe 89; Sing 0.
I have no pickup figures.
where you get this information? is it public?
by my opinion it's good that GWM stop the production of those older models, simply now in 2009 year i think that they don't need to produce those models, maybe it will be better for them to produce new and more modern suv's like hover is

as i know safe is still popular on markets like russia, sing is selling in south africa as multiwagon model, and deer pick up have many production lines in africa and some contries near vietnam or indonesia, also wingle is having good selling results, they just enter australian market and in last month wingle was best selling pick up in italy,over 150 units was sold
 

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martin_krpan said:
Great Wall Motor breaks ground for Bulgaria plant.

May 13, 2009 (Gasgoo.com) - China's largest sport utility vehicle (SUV) maker, Great Wall Motor Co, has started construction of an auto plant in Lovech city of Bulgaria in cooperation with Bulgaria's Litex, Bulgarian media reported on May 11th.

The plant has an initial investment of 80 million euros and is expected to produce Great Wall's Florid cars and Hover SUVs. According to Sofia News Agency, this project will initially create 1,000 new jobs.

Bulgaria's Prime Minster, Sergey Stanishev, broke ground for the plant during the opening ceremony.

Mr. Stanishev said that the plant was a symbol of his Cabinet's policy to make the country attractive for foreign investments and to create new, competitive productions.

Bulgaria's Prime Minster, Sergey Stanishev, broke ground of the Great Wall car factory near the city of Lovetch
Yes actually we think of making a new Bulgarian brand called "Litex Motors Corporation" (or LMC).They are supposed compeat with the loccal cheap Romanian (Dacia;Aro) and Turkish (Samand..and other) cars.One of them is going to worth 8000 BGN here in Bulgaria wich is around 4000 Euro:eek: In the auto blant we are going to make GWM Hover and i think the GMM Deer or something like that.The constuction is supposed to end at 2011.:thumb:

Sorry for the bad english ,but i'm still learning:nod:

After writing: Dacia Logan (sedan car) -14 000 BGN~7000 euro
Samand "?" (sedan car)-15 000 BGN (15 500- "+" version)~8000 euro
Aro "?" [real hardcore jeep not a SUV (something like TATA SUMO) ]-around 15-16 000 leva ~9000 euro
 

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hm...intresting, today i send an email to great wall about this company, they never hear for it and never sign any contract with it :rolleyes:
 

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maybe it isn´t official dealer , but independent seller and using COC documents for registration cars .... (very popular system in our country)
 

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Great Wall Motors sets European foothold in Bulgaria

With a brand new Bulgarian plant set to start churning out cars by end-February, China's Great Wall Motors hopes to establish a foothold to expand sales across Europe, says its local partner Litex Motors.

'This is the first plant for a Chinese automaker that will produce in Europe and for Europe,' Litex Motors marketing director Ivo Dekov said in an interview with AFP ahead of the plant's opening on Feb 21.

The industrial assembly facility in the northern village of Bahovitsa will initially employ 150 workers, capable of making 4,000 automobiles per year from China-imported kits.

'But production will increase as the markets here and in other European countries develop,' Mr Dekov said.

'Depending on demand, we can produce an annual 50,000 vehicles with 2,000 workers on two shifts, or even 71-72,000 on three shifts,' he said confidently.

Bulgaria's qualified and competitive workforce as well as its low taxes made the poor European Union (EU) newcomer an ideal starting base to enter the common EU market for Great Wall Motors, one of the biggest sports utility vehicle (SUV) makers in China, Mr Dekov said.

'Our partners consider Europe a strategic market and count on entering it gradually but permanently, with good products and a successful strategy.'

'But it is only natural that our primary goal is to also become a leader in the domestic market,' he added.

Litex signed a deal for a joint venture with Great Wall Motors in 2009 that would allow the Chinese group to export tax-free to the common EU market.

Now the Bulgarian group aims to achieve the same market share - about 30 per cent - as other automakers with locally produced cars in neighbouring Romania, Serbia and Turkey, according to Mr Dekov.

'Of course, we will need time to do that as we are only learning to walk right now,' he said.

The plant, which has been test producing since mid-November, is ready to start sales immediately of two locally-assembled Great Wall models - the Voleex C10 city car and the Steed 5 pick-up, with prices ranging between 16,000 leva (S$13,550) and 25,000 leva.

Over 200 imported vehicles were already sold in Bulgaria between mid-October and end-2011, Mr Dekov said.

'I consider this a great success. On the whole, interest in the brand, the plant and the vehicles has been huge and customers' reactions have been thoroughly positive.'

The cars' affordability, a five-year guarantee and other car equipment included in the starting price will help Litex compete well in a market where the ratio of new-to-used car sales is just 1:10 compared to Europe's 1:3, the group believes.

The 24-hour delivery of spare parts through 17 dealerships and after-sales service points in Bulgaria - set to grow to 20 this year - was another competitive advantage, he added.

'This year we will also add three more models to the plant's production range, including the Hover H6 SUV,' Mr Dekov said.

'Great Wall Motors' overall plans for Europe are to offer a total 8-10 models by 2016,' he added.

Great Wall, which sells cars in 120 countries, is the only Chinese automaker to have obtained Whole Vehicle Type Approval to market several of its models in the EU. China-made Great Wall Motors cars have already been selling in Italy since 2006.

'Plans are to start sales in Bulgaria and cover the other European and Balkan countries with what we supply,' Mr Dekov said.

In the long run however, Litex hopes to start making some parts here rather than only assembling China-imported kits, and talks have already started with possible subcontractors, he added.

Litex Motors, which made the bulk of the investment in the new Bulgarian plant, will also start building welding and painting units to add to the simple assembly lines over the next few years.

http://www.straitstimes.com/Motoring/Story/STIStory_768695.html
 
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