Bus maker Xiamen King Long to make sedans
Published: 01 Jun 2009 23:31:58 PSTShanghai, June 1 (Gasgoo.com) Xiamen King Long United Automotive Industry Co Ltd, a major Chinese bus maker based in southeast China's Fujian province, will use its existing light bus production line to make A+ sedans, xinhuanet.com said today.
This project is to produce 1.3-liter to 1.6-liter A+ sedans that are independently developed by the bus maker to meet the market needs of developing countries. Therefore, these sedans will be exported to overseas markets.
Sources said that Xiamen King Long United Auto has invested 416 million yuan ($61 million) in its light bus production line, which has an annual output capacity of 30,000 units.
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