Pyonghwa Motors

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Pyonghwa Motors (also spelled Pyeonghwa) is originally a South Korean car importer, which set up a car producing joint-venture with the North Korean Ryonbong General Corp. in Nampo. It produces two small cars under licence from Fiat, and a pick-up truck and an SUV using CKD kits from Chinese manufacturer Dandong Shuguang.

Since most North Koreans do not know how to drive nor are financially able to own a car, the cars are aimed at government officials and the few foreigners living in North Korea. Pyonghwa also plans to export cars to China, Vietnam and South Korea.

Pyonghwa has the exclusive rights to car production, purchase, and sale of used cars in North Korea.

Contents

Joint-venture stockholders

Car models

History

  • 1999, April - founded by the Unification Church
  • 2000, January - the joint-venture with Ryonbong is announced
  • 2002, April - first production line in Nampo was completed and the first Hwiparam was produced
  • 2004 - Premio and Pronto introduced

See also

External links

it:Pyonghwa Motors ja:平和自動車