China auto giant SAIC to launch new van

Newswire

SHANGHAI, July 29 (Reuters) - China's third largest auto giant, Shanghai Automotive Industry (Group) Corp (SAIC), said on Monday it will begin mass production of a new van in October with annual capacity targeted at 20,000 vehicles. The Sabre light passenger vehicle has a 1.6-litre engine and can carry both people and goods. It is built on the same technical platform as General Motors' Opel S4200, SAIC said in a statement. SAIC declined to comment on the price, but a company source said ...

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