China Financial Daily

September 28, 2009

Great Achievement for Aviation Industry Corporation of China: Sales Volume of AVIC in auto industry

Filed under: Financial News — Tags: — sherry @ 2:17 am -0700

Great Achievement for Aviation Industry Corporation of China: Sales Volume of AVIC in auto industry
News on September 27: China’s top aircraft manufacturer, the Aviation Industry Corporation of China (AVIC), said on Sunday that total sales volume in its auto business would reach 30 billion yuan (about 4.39 billion U.S. dollars) by 2017.

The deputy GM of AVIC says that making big passenger vehicles has become the the corporations’s guiding plan for development in its auto business. Moreover, he revealed the figure at a ceremony marking AVIC and its partner Volvol’s new product Silver 900 series going into production line. The series is a new type of big and luxurious passenger vehicles, 12 meters long, which could be used for road transportation, tourist reception, and military equipment.

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