GREAT WALL MOTORS

THE HISTORY OF GREAT WALL

Great Wall Motor Company Limited (Chinese: 长城汽车 or 長城汽車, Pinyin:Cháng Chéng Qì Chē ), sometimes abbreviated as GWM, is the largest privately owned automotive manufacturer in China. The Great Wall Motor Company is the first privately owned auto company of China listed on the Hong Kong stock market and has obtained HK$1.7 billion of financial investment. After more than 10 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 industry. GWM took its first step to become a truly global company by exporting CUVs 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. MODELS Great Wall Motors specializes in larger sized vehicles and currently offers 8 different models, ranging from CUVs through SUVs to full-sized Pick-ups. CUV Great Wall Hover SUV Great Wall Safe Great Wall Sing Great Wall Pegasus Pick-up Great Wall Wingle Great Wall Sailor Great Wall Socool Great Wall Deer City car Great Wall Peri MANUFACTURING LOCATIONS Great Wall Motors main manufacturing location is in Baoding, China. The total area of the facility is 1,800,000.00m2 and can currently produce up to 300,000 units per year. In 2007 the total production capacity is to reach 400,000 units per year. On 23 August 2007 in Ukraine opened a new manufacturing facility on KrASZ. It is believed that Great Wall Motors will open an overseas manufacturing location. 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 . The Iran motor company Diar also produce Great Wall models under license in Iran. SALES OUTSIDE CHINA The Great Wall Hover was the first Chinese car to be mass exported to Western Europe in 2006, when 30,000 units where shipped to Italy. Apart from selling cars in Western Europe, Great Wall Motors has had sales in 108 countries throughout the world. In May 2006, 660 Great Wall Deer pick-ups arrived in Cuba, as replacements for the older ZIL 130 and 131, GAZ, KAMAZ as well as other old trucks and vehicles in Havana´s Electric Company . The ceremony included a special Hover as a gift to Fidel Castro. Great Wall Motors also entered the Peruvian market in 2006, and sells both the Great Wall Safe and the Great Wall Hover in "Zona Motors" stores throughout Lima. COPYING CLAIMS In December 2006 claims were made that Great Wall's new A-segment Peri (called Jing Ling in China) is a copy of Fiat's popular second-generation Panda. Fiat is currently pursuing legal action. “We expect the first court ruling in China by December, and in Turin for Europe by the end of January 2008,” says Monica Norgi, a lawyer for Fiat Group Automobiles.

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