Saturday, May 24, 2008

Great Wall exports 556 Peri to Algeria and Russia

China's maker Great Wall Motor Co., began to export a batch of 556 Peri cars to Africa and Russia recently, Xinmin Evening News reports today.

The Peri was launched almost simultaneously in the Chinese and global markets early in May. So far 710 units have already been sold abroad. It is sold from $12,600 yuan to $14,500 yuan depending on configurations in the overseas markets but $5,356 to $6,695 in China.

Great Wall said the car, equipped with the GW413EF 1.3L engine and Bosch's latest ABS and EBD systems, is e-mark certified and complies with the European regulations.

Last year Italian automaker Fiat initiated legal proceedings against Great Wall, claiming Peri is a copy of its Panda. Great Wall said that it had spent three years developing its first car and hols the intellectual property rights of the model.

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