In the entire 2007, this JV aggregately sold at least 30,000 BMW-branded vehicles, with a 36% jump year on year, and the total sales volume for the first half of 2008 hit 16,196 units. in May 2003, and around two year later, up to 15,300 vehicles of the BMW 3-series and 5-series were delivered to Chinese buyers. (SHSE: 600653).īrilliance China Automotive Holdings and Bayerische Motorenwerke AG (BMW) co-founded BMW Brilliance Automotive Ltd. (SHSE: 600609, and Shanghai Shenhua Holdings Co. (NYSE: CBA SEHK: 1114), Shenyang Jinbei Automotive Co., Ltd. Presently, the company directly or indirectly controls three listed subsidiaries, including Brilliance China Automotive Holdings Ltd. Today it is the 7th largest China car manufacturer, consisting of four companies «Xinchen China Power Holdings Ltd», «Shanghai Shenhua Holdings Ltd», «Brilliance Jinbei Automobile Ltd», «Brilliance China Automotive Holdings Ltd» along with 100. By far, its total assets have approached 30 billion yuan. Established in 1949, Brilliance Auto has been growing fast for more than 60 years. Headquartered in the northeastern Chinese city of Shenyang, Liaoning Province, Brilliance Auto is engaged in R&D, production, and distribution of complete cars, auto parts, as well as engines. In the entire 2008, Brilliance Auto always bent itself to improving its product quality and brand image for the sake of a fast and stable growth, and it intended to abandon participation in the price war, said Mr. Meanwhile, prices of the 2.0T Junjie Wagon and the 2.0T 2009 Zhonghua Zunchi are separately fixed at 138,800 yuan and 125,800 yuan, and both of them have sharp competitive edge in the market. In order to show its advanced technology of naturally aspirated engine and to further upgrade its brand cognition, Brilliance Auto unveiled the 1.8T Junjie Wagon and the 1.8T 2009 Zhonghua Zunchi priced at 159,800 yuan and 165,800 yuan, respectively. The Brilliance Auto CEO and President Qi Yumin said that the debut of these two high-priced car models met the government's demand, and the company wants to successfully set foot in the domestic medium- and high-end vehicle market this time. The 2.4L Sonata NFC, a new medium-end sedan model launched by Beijing Hyundai Motor Company just now, is priced at only 228,800 yuan, said people with the direct knowledge of the matter. (GTMC) just prices the 09 Camry, as one of the leading medium- and high-end sedan models in China, at 242,800 yuan. For instance, Guangzhou Toyota Motor Co., Ltd. This move surprises nearly all the insiders, because prices of the A-class vehicles have slipped down to 80,000 yuan below. Chinese fast-growing carmaker Brilliance Auto lately unveiled two self-developed sedan models, the Zhonghua Junjie Wagon and the 2009 Zhonghua Zunchi, which are separately priced at 108,000-159,800 yuan and 125,800-249,800 yuan.
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