Automotive Sep 28, 2020 10:12 AM (GMT+8) · EqualOcean
Sun Guang, deputy general manager of Great Wall Motors International Department, revealed on September 26 at the Beijing International Auto Show that Great Wall Motors aims to export 70,000 vehicles this year, a year-on-year increase of 7.7%. According to him, about 7% of Great Wall Motor's current sales are from overseas. Wei Jianjun, chairman of Great Wall Motors, said, "Globalization is a key attribute of the automobile industry, and it is also what Chinese brands must challenge now. Great Wall Motors currently has the vision to go overseas and, at the same time, serve the Chinese market." At present, Great Wall Motors has five KD assembly plants globally and a wholly-owned factory in Russia. At the beginning of this year, Great Wall Motors also acquired General Motors' India plant and an automobile plant in Thailand. However, due to various factors including COVID-19, Chinese car companies that have gone overseas face massive problems. On July 14, data released by the General Administration of Customs showed that China's auto exports in the first half of this year were 386,000, a year-on-year decrease of 20.9%.
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