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Bus maker Xiamen King Long to make sedans.

June 1, 2009.
Xiamen King Long United Automotive Industry Co Ltd, a major Chinese bus maker based in southeast China's Fujian province, will use its existing light bus production line to make A+ sedans, xinhuanet.com said today.

This project is to produce 1.3-liter to 1.6-liter A+ sedans that are independently developed by the bus maker to meet the market needs of developing countries. Therefore, these sedans will be exported to overseas markets.

Sources said that Xiamen King Long United Auto has invested 416 million yuan ($61 million) in its light bus production line, which has an annual output capacity of 30,000 units.

This time, the company will pour 134 million yuan in the sedan project for its R&D and production line improvement. The line to make buses and sedans will reach an annual out 50,000 units.

Some analysts believed that the bus market downturn has pushed King Long to the sedan sector, and others said the local government aims to make King Long a sedan producer as well if the province's only car maker Southeast Motor is acquired by Beijing Auto or Guangzhou Auto.

source: Gasgoo.com
 

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Re: : : : King Long : : :

Is it possible that they will export these car models to countries where King Long already has a strong presence?
 

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First pictures of King Long's personal car:
http://www.autohome.com.cn/news/201005/115497.html




Xiamen Golden Dragon Group, said a bulletin issued to consider the adoption of the joint subsidiary of Xiamen Golden Dragon Automobile Industry Co., Ltd. (the big dragon) the motion of investment projects: the joint companies to invest 134.04 million yuan dragon using original light-off production line mixing production A-class cars. Mainly for the market demand in developing countries, self-development for the 1.3L to 1.6L displacement of compact cars and light passenger use has built mixed line production line, sold in overseas markets. According to the company also disclosed a quarterly in 2010: operating income of 3.072 billion yuan, up 67.79%; net profit of 37.77 million yuan, an increase of 611 percent.

However, over the past six months, return to growth performance, Jinlong car is sinking into the bottom of the news. And recently, Jinlong car users to capture the most to production car photos. While still no more information related to this car, but from the car outside, this hatchback car styling and hippocampus were similar car series models. Also, remove Cikuan hatchback shape, the dragon should have the sedan , multi-vehicle models such as the preparation.

From the model of the outside, the Golden Dragon is not clear to begin walking on a high-profile models in the development of high-end road, but from a slightly open-minded and pragmatic A- Car gradually dry since. However, whether from the scale and the prospect of selling off the coast of view, the development of Jinlong road car is worth watching. There are no more on the new car news, will continue to pay attention.
 
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