Changan Automobile Co. intends to commence selling vehicles in Russia in 2014, according to a report by Chongqing Business Daily. Changan has inked a deal with Russian distributor Irito to sell 12,000 cars in Russia next year, the newspaper said. Chongqing-based Changan signed the distribution agreement with Irito in September at the Frankfurt Motor Show.
Under the agreement, Irito will distribute Changan's cars via more than 100 stores that it operates in Russia. The partners will also open dealerships to sell Changan's vehicles in Moscow, St. Petersburg and four other Russian cities. The newspaper said that sales will commence as early as the first quarter of 2014.
The daily added that If Changan succeeds in establishing a niche in Russia, the carmaker will consider setting up a joint venture with Irito to assemble vehicles in the country. Chinese carmakers Great Wall Motor Co., Zhejiang Geely Holding Group Co., Chongqing Lifan Industry Group Co. and Chery Automobile Co. assemble vehicles in Russia with kits exported from China. Changan – which builds sedans, SUVs and microvans under its own brand – also operates joint ventures with Ford Motor Co., Mazda Motor Corp., Suzuki Motor Corp. and PSA/Peugeot-Citroen.