BYD Auto to Launch Five New Models in H2 09
XI'AN, Jun 18, 2009 (SinoCast Daily Business Beat via COMTEX) --
Company: Byd Co Ltd (BYDDF)
BYD Auto, the car manufacturing subsidiary of BYD Co., a leading rechargeable battery maker in China, will roll out five new models in the second half of 2009 and uses a new system to name its cars.
The company may change the names of F4 and F5, two middle-end sedan models, to G3 and L3, respectively. Wang Jian, assistant to the president of BYD Auto Sales Co., Ltd., explains that the new system is to help cars be accepted by customer easier.
BYD Auto replaces the name its first hard-top cabriolet F8 with S8, which is equipped with BYD-developed BIVT 2.0L engine and is priced at CNY 200,000 each.
M6, the first MPV model BYD Auto debuts, is also priced at CNY 200,000. It has seven seats and two versions --2.4L automatic transmission or 2.0L manual transmission. The coming S6 is the first SUV model of the carmaker.
BYD Auto is a shining star in the Chinese auto industry for its leading position in the new-energy car R & D, backed by its parent company's advanced battery technologies.
Source: www.shihua.com.cn (June 18, 2009)
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Company: Byd Co Ltd (BYDDF)
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