RusAutoNews.Com – As stated by Avtotor press office, FAW and Avtotor have established a joint venture to manufacture automobiles in full-cycle technology. The project envisages the usage of the existing production facilities of Avtotor, the development of welding and painting shops, the implementation of a programme, which will increase the localisation level of car production gradually and the introduction of FAW vehicles manufactured in Avtotor to foreign markets.
There are plans to manufacture 100,000 cars annually, with partial usage of the existing capacity. The test production of Besturn X80 crossovers has been completed in the facility.
The project is financed by Avtotor, Chinese investors and the China Automobile Industry Fund. It’s planned to restore the number of jobs at the facility established in Kaliningrad to 3000 people, as a result of the project.