Chinese manufacturer reaches record production capacity
January 19, 2007
Filed under Features
China’s state-owned automotive company China South has emerged as the world’s largest motorcycle producer, with an annual production capacity of five million units, Chinese news agency Xinhua reported.
China South’s products are sold under the brands Jialing, Jianshe, Dayang and Jinan Qingqi and are sold in more than 100 countries, with production and marketing bases in 30 countries.
According to the report, China South’s assets and sales are in excess of $12.66 billion.
The report quotes Li Shouwu, China South vice general manager, as saying the company has doubled its research and development efforts for middle and high-end models.