Azerbaijan, Baku, March 11 / Trend E. Ismayilov /
The Nakhchivan automobile plant assembled 490 Lifan cars in 2010.
Its production capacity is 5,000 cars a year.
The cost of Lifan cars varies between 8,400-12,700 manat.
The construction of the Nakhchivan automobile plant launched in 2008. It was commissioned on Jan. 11.
A cooperation contract was signed within the Azerbaijani-Chinese Business Forum of the Nakhchivan automobile plant and Chongqing Lifan Industry automotive corporation in Beijing in May 2009.
The contract envisages assembling Lifan passenger cars in Nakhchivan.
The plant uses the latest models of equipment made in Germany, Belgium and Italy. The total plant area is 2.6 hectares.