The JV plans to expand in Belarus in two stages, with annual capacity of 60,000 units to be reached by the end of 2015 and 120,000 planned in 2017. The second stage also is expected to include a stamping operation.
The company also may continue its cooperation with the Derways auto plant. There is an agreement between Haima and Derways on CKD assembly of the new-generation Haima 3. However, the timing for the vehicle's launch at Derways has not been announced.
The Kia Sportage CUV accounted for nearly 48% of output, while the cee’d with its three body styles – 5- and 3-door hatchbacks plus wagon – represented more than 42%. The Venga multipurpose vehicle made up the remaining 10%.
Despite the revival of a massive public-relations campaign, the prototype vehicles’ technical problems are noted by critics who see the company merely as a project to support majority owner Mikhail Prokhorov’s political ambitions.
Skoda sold only locally made cars after launching production in 2007. The auto maker this spring began importing two vehicles from Czech Republic to China, where it has identified a market segment that favors imported cars.
Lexus’ new coupe, the RC, arrives with an angry double-trapezoid face, taut sheet metal, excellent chassis dynamics, bold colors and an excellent 467-hp V-8 that loves track day. This car is not a real-estate agent’s safe choice....More