Chinese car maker Chery Automobile is targeting a 26 percent rise in sales this year, faster than the 2007 growth, as it continues to roll out new models and expand overseas.
Vehicle sales are forecast to reach a record 480,000 units this year, after rising 24.8 percent year on year to 381,000 units in 2007. The [...]
Chery Automobile has obtained permission from China’s National Development and Research Commission to build a national auto engineering laboratory, the only national lab of its kind to be ever built in the country, China Business News reported.
Chery said the lab will concentrate on developing environment-friendly technologies for the automobile industry. But it did not elaborate [...]
China’s largest automobile exporter Chery sold 37,100 vehicles in Russian market last year, up 245 percent from one year earlier, according to a report released by the Russia-based Association of Europe Business (AEB).
In 2007, Russia imported 190,600 Chevrolet vehicles, up 71 percent from one year earlier, 175,800 Ford vehicles, up 52 percent from previous year and [...]
China’s largest home-grown automaker Chery plans to sell 480,000 vehicles in 2008: 300,000 vehicles in home market and 180,000 vehicles in overseas market, company president Yin Tongyao announced during a conference yesterday.
Last year Chery sold a total volume of 381,000 vehicles both in home market and overseas market, up 24.8 percent from one year earlier.
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The number of sport utility vehicles sold in China rose 58 percent to 375,300 units in 2007 and the top five SUVs account for 61 percent of the total, according to the latest sales report from National Association of Passenger Manufacturers.
The top five SUV models were Great wall Hover, Chery Tiggo, Honda CRV, Hyundai Tuscon [...]
Auto production and sales in China surged more than 20 percent to a record 8.8 million units in 2007, despite sales weakening in global markets, an industry group said yesterday.
China’s auto makers rolled out 8.88 million motor vehicles last year, up 22.02 percent from a year earlier, according to the China Association of Automobile Manufacturers.
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