· Great Wall Motor opens new production line at Ecuadorian assembly plant

Ecuador's "Business Daily" reported on February 12 that the Chinese auto brand Great Wall opened a new production line at the Ecuadorian assembly plant (Ciauto) on February 11 for compact car frame and car shell welding, and it is expected to be painted in August this year. The production line will be officially put into production. The investment exceeded $10 million.
However, as the U.S. government announced that it will continue to implement the car quota system this year, reducing the number of imported cars and spare parts, the car assembly volume of the factory will not rise and fall, and the number of cars that can be assembled per day will drop from 22 to 7 last year. About 1300 or so. The person in charge of the factory said that about 78% of the spare parts used in the factory are imported. The car quota system has brought a lot of inconvenience to the normal work of the factory. They have already reported to the relevant authorities, and the Deputy Minister of Foreign Trade said that it will be in the next few days. This issue is being studied.
Ciauto is the only assembly plant of Great Wall Motors in South America and is therefore responsible for some of its export operations. The plant plans to export about 1,000 cars to Venezuela this year.

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