Great Wall Auto to invest 10 bln yuan to boost output-paper


HONG KONG, July 28 (Reuters) - Chinese pick-up truck maker Great Wall Automobile Holding Co. Ltd. said it will invest 10 billion yuan (US$1.2 billion) over four years to develop passenger cars, the Shanghai Securities News reported on Wednesday. The investment will boost Great Wall's annual production capacity to 600,000 units by 2008, more than eight times its annual production of 70,000 when the privately owned truck and sports-utility vehicles maker was listed last December, it quoted ...

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