:goteam:
Brilliance China to sell sedans in Europe
www.chinaview.cn 2006-11-29 10:13:40
BEIJING, Nov. 29 -- Brilliance China Auto, the partner of German luxury car firm BMW, Tuesday said it has clinched a deal with a German auto trading company to sell a total of 158,000 own-brand sedans in Europe within the next five years.
According to the deal, which is worth 16 billion yuan (2.04 billion U.S. dollars), Bremen-based HSO Motors Europe will be responsible for selling Brilliance's Zhonghua 2.0 and 2.4 litre sedans in one of the world's most competitive car markets.
The deal marks the biggest foray so far by a Chinese automaker into any Western market.
How can the Chinese Government assist the local car manufacturers profitably expand overseas?
Brilliance China to sell sedans in Europe
www.chinaview.cn 2006-11-29 10:13:40
BEIJING, Nov. 29 -- Brilliance China Auto, the partner of German luxury car firm BMW, Tuesday said it has clinched a deal with a German auto trading company to sell a total of 158,000 own-brand sedans in Europe within the next five years.
According to the deal, which is worth 16 billion yuan (2.04 billion U.S. dollars), Bremen-based HSO Motors Europe will be responsible for selling Brilliance's Zhonghua 2.0 and 2.4 litre sedans in one of the world's most competitive car markets.
The deal marks the biggest foray so far by a Chinese automaker into any Western market.
How can the Chinese Government assist the local car manufacturers profitably expand overseas?