Mazda2, Suzuki Swift (1.5 Liter) Goes On Sale in China

SHANGHAI - December 28, 2007:

Changan Ford Mazda Automobile, a joint venture between Changan Automotive Group, Ford Motor Company and Mazda Motor, officially launched the new Mazda2 in China yesterday.

The model is available in three versions: 1.3L MT will be sold at 83,800 yuan ($11,420), while 1.3L AT is priced at 91,800 yuan ($12,510) to 101,300 yuan ($13,870). It will be sold in 50 authorized dealers across the country as of January.

"By introducing the four-door sedan and five-door hatchback to the B-car segment in China, we have completed our product lineup in the B, C and D segments," said Noriaki Yamada, President and COO of Mazda Motor (China) Co., Ltd.

According to Mazda spokesman Ken Haruki, Mazda's sales in China this year is expected to reach about 100,000 cars, and the company aims to sell more than 180,000 cars in 2008 and 300,000 in 2010.

Also yesterday, Changan Suzuki, Changan Auto's other JV, launched Swift 1.5L in South China city of Shenzhen. The model will be priced between 81,800 yuan ($11,150) to 98,800 yuan ($13,460).

For more information about the burgeoning auto industry in China please visit http://www.gasgoo.com/Autobiz/list/7/China-News.html