Wednesday, January 24, 2007

Brilliance: Chinese interested in GM Portuguese plant

Chinese carmaker Shenyang Brilliance Jinbei Automobile (Shenyang, Liaoning; is apparently interested in taking over the GM assembly plant in Azambuja / Portugal. Located near Lisbon, the plant was closed at the end of 2006 as part of the company´s cost-cutting measures. With its own European production facility, the Chinese OEM – which made its debut in Europe with the "Zhonghua" model – could avoid the import duty of 10% that has to be paid when complete vehicles are imported into the EU.