Beijing, China – China will import its first vehicles to Korea next year, with Dongfeng Motor scheduled to sell four models in the country, according to a report by JoongAng Daily.
Dongfeng, the third-largest automaker in China, has signed a contract with Dongfeng Motor Korea to import the vehicles. A one-ton truck, a commercial minivan, and six- and nine-passenger vans are expected to go on sale starting in April 2010.
Dongfeng said that the vehicles are 30 per cent cheaper than Korean vehicles, and will not present a problem with technical certification from the Korean government because the vehicles were exported to markets in Europe and Singapore two years ago. The company decided to import its truck and vans because its sedans are not yet up to the interior and engine standards set by Korean automakers. The vans and small truck will have a better chance in the market, Dongfeng said, because private entrepreneurs prefer trucks and vans with lower prices and higher quality.
The company hopes to sell an average of 1,000 trucks per month, and will increase its monthly target to 1,500 units in 2011.