UPDATE 1-Great Wall Auto to spend 2.2 bln yuan to boost output

Newswire

(Adds executive comment and share price) HONG KONG, Aug 20 (Reuters) - Chinese truck and sports utility vehicle maker Great Wall Automobile Holding Co. Ltd. said on Friday it will spend 2.2 billion yuan (US$266 million) through 2005 to boost production capacity to 350,000 units from 70,000 now. Great Wall, the 11th-largest vehicle maker in China, will spend 1 billion yuan in the second half of this year and 1.2 billion yuan in 2005 to make new models of sports utility vehicles and ...

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