First Chinese car factory opens in Europe

Author: Translation: Panker Gergő // 02/21/2012 09:27
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Chinese carmaker Great Wall inaugurated their factory in Bulgaria, which is the first Chinese assembly plant in the European Union. In the first year the factory, near Lovech in Northern Bulgaria, will produce 4,000 off-roaders.

The enterprise, undertaken with Bulgarian company Litex, will initially employ 150 people, who will perform the assembly of parts shipped there from China. The cars will be first sold on the Bulgarian market, not least because of their cheap price, but later the company wishes to further expand in Europe.

Voleex C10: ready to compete in the field of popular European mini cars

The cars to-be-produced at the factory, the Voleex C10 sedan and the Steed 5 pick-up will cost somewhere between 8,200EUR and 12,800EUR.

Great Wall is a market-leading off-road vehicle manufacturer in China, the company has several plants in foreign countries, among others in Russia, Indonesia, Egypt and Ukraine.

Steed 5 pick-up to be sold initially on the Bulgarian market

Lovech is not unfamiliar with car manufacture: between 1966 and 1990, Russian-built cars, chiefly Moskvitches, were assembled in the city.

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