Auto Expo 2020: Great Wall Motor's plans revealed - China's largest SUV maker is coming to India
Great Wall Motor Co Ltd (GWM), China’s largest SUV manufacturer, has announced that it will make its debut in India on 5th February 2020, at the Auto Expo 2020 in Greater Noida.
Great Wall Motor Co Ltd (GWM), China’s largest SUV manufacturer, has announced that it will make its debut in India on 5th February 2020, at the Auto Expo 2020 in Greater Noida, which will be its brand premier in India along with announcement of its India plans. Founded in 1984, GWM currently owns Haval, Great Wall EV and Great Wall Pickup brands.
At the Auto Expo – The Motor Show 2020, GWM will undertake the global premier of Haval Concept H and the Indian debut of Concept vehicle Vision 2025. Apart from this, GWM will also showcase its excellence and strength in automotive technology with its range of Haval SUVs, GWM EV products, and innovations in the area of intelligent safety, connectivity and advanced autonomous systems.
"The GWM brand is built on the philosophy of innovation, sustainability & smart mobility. Haval is an automotive marque owned by GWM that specializes in full range of SUV’s," Great Wall Motor Co Ltd said.
The largest SUV manufacturer of China adds, "GWM has made strides in setting the grounds for its exhilarating entry in India by signing an agreement to acquire the General Motor India’s Talegaon factory on January 17, 2020. This is a significant step forward for GWM and reinforces the commitment of the brand for Indian market.
GWM has made strides in setting the grounds for its exhilarating entry in India by signing an agreement to acquire General Motor India’s Talegaon factory on January 17, 2020. This is a significant step forward for GWM and reinforces the commitment of the brand for Indian market."
Commenting on India debut, Wei Jianjun, Chairman, GWM, said “This is indeed a proud moment for us as we are on the verge of entering the Indian automotive market. We are excited at the limitless possibilities that lay ahead as India is an important market for us. At GWM, we aim to set new benchmarks in the Indian automobile industry and hope to create an everlasting relationship with the discerning Indian customer. With the R&D center in Bangalore and now our participation at the 15th edition of the Auto Expo, we want to further ascertain the importance of India as the core strategic market.”
GWM says, "Since 1997, GWM has continuously accelerated global market expansion along with its brand awareness and international reputation. At present, GWM has sales network in more than 60 countries and regions with the support of five regional marketing centers in Russia, Australia, South Africa, South America, and the Middle East."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: In how many years, investors can achieve Rs 6.5 cr corpus with monthly salaries of Rs 20,000, Rs 25,000, and Rs 30,000?
PPF For Regular Income: How you can get Rs 78,000 a month tax-free income through Public Provident Fund investment?
Rs 5,000 SIP for 40 years vs Rs 50,000 SIP for 20 years: Which can create higher corpus? See calculations to know it
Hybrid Mutual Funds: Rs 50,000 one-time investment in 3 schemes has grown to at least Rs 1.54 lakh in 5 years; see list
08:06 PM IST