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Brilliance to set up factory in Russia

Posted on Nov-07-2007· by

Brilliance China Auto, partner of German luxury carmaker BMW, said it will assemble its own-brand cars in Russia with a local partner, in the freshest move to expand overseas sales.
Brilliances Jinjue (File photo)

　 BEIJING, Nov. 2– Brilliance China Auto, partner of German luxury carmaker BMW, said it will assemble its own-brand cars in Russia with a local partner, in the freshest move to expand overseas sales.

    An official from the Hong Kong-listed carmaker said it plans to export 1.18-billion U.S. dollars kits to produce 107,589 units of the 1.6- and 1.8-liter Junjie compact sedan at an existing facility of Russian industrial group IRITO over the next five years.

    Production will begin in January 2008 with a planned volume of 10,000 units that year, it said.

    The Russian plant is Brilliance’s fourth overseas manufacturing site following three in Egypt, Vietnam and the Democratic People’s Republic of Korea, it said.

    The company said it aims to sell more than frameBorder=0 width=604 height=28>


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