Greatwall planning to invest 5 billion RMB over 5 years

Featured, Great Wall Motors | Ash | August 26, 2010 at 9:10 pm

Greatwall are making great headway with their plans to become a major automotive player in the Chinese market with their mixture of SUV, pick up truck, and small car range which gives them a finger in many different pies, however Greatwall Motors (GWM) are planning to invest a lot more into their operations over the next five years.

GWM are aiming to invest a billion RMB per year over the next five years on new models and technology, with a large focus on self developed larger displacement engines, including a V6 diesel that GWM are currently working on. By 2015 the GWM pick up range and Hover SUV range will all be changed for new models and generations of vehicles. Tianjin city will also boast a new GWM factory which will produce the H6 and also GWM’s new b segment sedan.

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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