Shanghai Automotive Industry Corp. (SAIC), the parent of Ssangyong Motor, has said that it will release its W2 sports sedan from its independent Roewe marque under the Ssangyong badge in Europe next year.
The company will export the Chinese-made sedan under the Korean brand name through its network of Ssangyong dealers in Europe.
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The W2 sedan is the production version of the W2 concept car that was revealed at the Shanghai Motor show last month. It will be released in China at the end of this year.
SAIC is planning to sell its new cars through a network of Roewe dealers instead of through Ssangyong Motor from 2010.
Ssangyong is reportedly close to securing agreements with its main European distributors to sell SAIC cars.
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By GlobalData
