Chinese Carmaker To Enter Hybrid Car Race

China's fourth-biggest auto group announced that it expects hybrid cars will contribute 10 per cent of its own-brand sales annually by 2010, it said.

Published: 11-Jul-2006

Chang'an Motor Corp, the Chinese partner of Ford Motor and Suzuki Motor, said it will enter the increasingly popular hybrid sector in the world's No 3 vehicle market by offering its own-brand petrol-electric cars.

The nation's fourth-biggest auto group based in Chongqing Municipality told China Daily that it plans to embark on commercial production of hybrid cars in 2008.

The company expects hybrid cars will contribute 10 per cent of its own-brand sales annually by 2010, it said.

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