SAIC Plans U.S. Exports By 2010

Shanghai Automotive Industry Corp., hopes to begin exporting vehicles to the U.S. by 2010, a company official says. SAIC President Hu Maoyuan reportedly wants to begin production of still under development SAIC-brand vehicles by 2007, selling 600,000 over five years. The auto maker has said it wants to double capacity to 2 million units by 2010.

Shanghai Automotive Industry Corp., hopes to begin exporting vehicles to the U.S. by 2010, a company official says.

SAIC President Hu Maoyuan reportedly wants to begin production of still under development SAIC-brand vehicles by 2007, selling 600,000 over five years. The auto maker has said it wants to double capacity to 2 million units by 2010.

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