Brilliance to export 158,000 cars
Brilliance China Auto, a partner of BMW, has clinched China's largest ever automobile export deal with a German company to sell 158,000 of its Zhonghua cars in Europe over the next five years.
According to the deal worth 16 billion yuan (2.04 U.S. dollars), the Shenyang-based company's Zhonghua cars will be distributed in Germany, the Netherlands, Luxembourg, Belgium, Austria, Switzerland and Poland through the Bremen-based HSO Auto Trading Company. It is a breakthrough for the Chinese car-making industry, which is more commonly associated with exporting low-end models to southeast Asia, the Middle East and Africa.
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