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Who is Hawtai



  

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Tuesday, 03 May 2011
Saab is placing itself in building up an effective partnership with a Chinese motor company known as Hawtai. But how much do we know about this company? Have you ever heard about it? Do you know what it does? We try to give what we know about the firm based on bits and pieces collected here and there.

From various Swedish sources, Hawtai is a private vehicle manufacturer which was established as late as 2000. The company grew out of agreement with the Korean Hyundai which developed to start producing sport utility vehicle (SUV) brands Terracan and Santa Fe.

Last year Hawtai reportedly sold 81 000 cars, 95 percent of sales was the Santa Fe, according to JD Power's statistics, report various Swedish media sources. Santa Fe was the fifth best-selling SUV in China 2010.

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The cooperation with Hyundai has been completed and now Hawtai sells cars under its own brand. This year they planned to launch several new models.

Its headquarters and R & D department is located in Beijing. The company has two factories, one in Shandong Province on the east coast and inland China, near Mongolia.

Hawtai mainly produces sport utility vehicles, engines and gearboxes. Last year was it also presented two sedans.

On the research side, the company is focusing on developing diesel engines with low emissions cars so as to break into the European market. An engine according to Hawtai is to meet the 5 Euro requirements.

Currently, the annual production capacity is to reach 350 000 vehicles, 300,000 engines and 450 000 gearboxes says the company as reported by various Swedish media sources.

 The ambition is to grow substantially and reach one million vehicles 2015.
By Scancomark.se Team


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