SAIC revives Shanghai brand
By Han Tianyang | China Daily | Updated: 2012-02-06 07:58
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The original Shanghai was considered a more everyday car than the Hongqi - or Red Flag - used by high-ranking officials. Last year SAIC announced it will invest 22 billion yuan by 2015 to further develop its own brands. A Shanghai brand car is listed among new models this year. Jing Wei / For China Daily |
First model made in '64, production lapsed in '91
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