China Brilliance Auto interested in GM Portuguese plant

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Chinese carmaker Shenyang Brilliance Jinbei Automobile (Shenyang, Liaoning; zhonghuacar.com) is apparently interested in taking over the GM assembly plant in Azambuja / Portugal. Located near Lisbon, the plant was closed at the end of 2006 as part of the company=B4s cost-cutting measures. With its own European production facility, the Chinese OEM - which made its debut in Europe with the "Zhonghua" model - could avoid the import duty of 10% that has to be paid when complete vehicles are imported into the EU.

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