Industry dynamics

Guangzhou Auto and Zhongxing announce Strategic Partnership in China

Publishtime:1970-01-01 08:00:00 Views:3

Guangzhou Automobile Corporation (GAC, aka Guangzhou Auto) and Zhongxing Automobile (ZX Auto) have announced a strategic partnership. The pair will work together to develop a new generation of small and medium-sized vehicles, and they will develop a new series of green cars.

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The first fruit of the cooperation is the transfer of the Changfeng Liebao CP2 sedan to Zhongxing, which will launch the vehicle later this year as the first Zhongxin-branded sedan (pictured). The yet nameless sedan will be powered by a 1.8 liter Mitsubishi-sourced engine, good for 130hp and 165nm. Size: 4480×1770×1462, wheelbase is 2640. Price will start around 120.000 yuan.