Nakhchivan automobile plant announces forecasted cost of off-road vehicles
Azerbaijan, Baku, Nov.25 / Trend, E. Ismayilov /
Nakhchivan automobile plant plans to assemble 1,000 off-road vehicles of Lifan brand in 2012, the plant director Musa Abdullayev said on Thursday.
"Cost of new vehicles is forecasted at 14,000-15,000 manat," Musayev said.
He said the manufacture of off-road vehicles is scheduled to begin in January next year.
Also, he said, introduction of the Nakhchivan automobile plant's cars as a taxi in Nakhchivan Autonomous Republic and other regions of the country is successfully underway.
"It is planned to continue expansion of taxi market with Lifan brand cars," Abdullayev said.
Nakhchivan automobile plant construction began in 2008 and it was commissioned on Jan.11, 2011.
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.