Thursday, January 31, 2008
Suppliers queue up for Chinese business
IM Group, UK importer of Subaru, Isuzu and Daihatsu, and Koelliker, the Italian company in charge of SsangYong’s UK business, are vying for UK distributorship of Chinese carmakers looking towards Europe.
IM Group has been talking to a number of Chinese manufacturers, thought to include Changfeng Motors and Great Wall, for some time.
Changfeng has already announced plans to enter Europe by setting up a semi-knock-down production facility to become a “global player”.
Li Jianxian, Changfeng Motors chairman, said the company needed to step out of its comfort zone into global competition. He confirmed that Changfeng was looking at launching in Europe as well as North America, perhaps as early as late 2009.
Changfeng has worked with Mitsubishi since 2002 on a version of the Pajero/Shogun for the Chinese market, but is seeking European manufacturers to assemble its cars in Europe.
DATED: 31.01.08
FEED: AM
IM Group has been talking to a number of Chinese manufacturers, thought to include Changfeng Motors and Great Wall, for some time.
Changfeng has already announced plans to enter Europe by setting up a semi-knock-down production facility to become a “global player”.
Li Jianxian, Changfeng Motors chairman, said the company needed to step out of its comfort zone into global competition. He confirmed that Changfeng was looking at launching in Europe as well as North America, perhaps as early as late 2009.
Changfeng has worked with Mitsubishi since 2002 on a version of the Pajero/Shogun for the Chinese market, but is seeking European manufacturers to assemble its cars in Europe.
DATED: 31.01.08
FEED: AM
