FAW to invest 900 million yuan to develop C303 sedan

Source: Global Times
[17:24 May 05 2010]
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Besturn B50

FAW announced April 29 that the company will invest 933 million yuan ($136.66 million) for the C303 project of developing Besturn B90 premium sedan with an annual production capability of 60,000 units. The construction period is estimated as three years.

Agencies and Shi Jierui contributed to this story