Great Wall Motors
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Great Wall Motor Company Limited (GWM, in Chinese: 长城汽车) is the largest privately owned automotive manufacturer in China. It is the first privately owned auto company of China listed in the Hong Kong stock market and has obtained HKD 1.7 billion financial investment. With 10 plus years of rapid growth, GWM has accumulated enormous economic capacity, becoming the number one taxpayer consecutively for three years in the City of Baoding. It is among “the Top 500 Enterprises of China in 2004" and one of the best brands in national automobile range. GWM took its first step to become a truly global company by exporting SUVs to the competitive European market in September 2006. GWM already sells cars in about 60 (mostly developing) countries and exports account for about a third of the company's sales.[1]
[edit] Manufacturing plants
As of September 2006, it is believed that GWM has some near-future plans on opening a new manufacturing facility in Tatarstan, Russia, in a special economic zone [2], whilst Iranian motor firm Diar makes a number of Great Wall models under licence.