Shanghai, July 20 (Gasgoo.com) Chinese automaker Chery Auto has recently launched its Tiggo SUV in Campinas, an industrial city in southern Brazil. This is the first Chery vehicle model to sell in Brazil, marking Chery's formal entry into the Brazilian auto market.
Prices for the 2009 Chery A1 have been cut by as much as 4,000 yuan. Buyers interested in automatic transmission models need to place an order. The prices of the two new models are 45,800 yuan and 56,800 yuan respectively, both 4,000 yuan less than before.Orders will be processed in one to two we...
Shanghai, July 20 (Gasgoo.com) Chinese automaker Chery Auto has recently launched its Tiggo SUV in Campinas, an industrial city in southern Brazil. This is the first Chery vehicle model to sell in Brazil, marking Chery's formal entry into the Brazilian auto market.
Shanghai, July 13 (Gasgoo.com) A top executive of Fiat China said yesterday that the talks between Fiat and Chery Auto about their future joint venture project have been put on hold, and Fiat has no immediate plan to seek another Chinese partner after Guangzhou Auto, Beijing Times reported today.
Shanghai, June 25 (Gasgoo.com) Chery has cut its stake in Chery Quantum Auto Co, its joint venture (JV) with Israeli investment firm Quantum LLC, to 50% from 55%, reports Automotive News China.
Shanghai, June 26 (Gasgoo.com) Chery Auto is to launch its trendy mini-car Chery QQme (Chery S16) tonight, cheshi.com said. The Mini-like small car, priced between 40,000 yuan ($5,860) and 50,000 yuan, will target the young female demographic.
Sales of Chery Automobile Co in May 2009 (by model):
China Huarong Asset Management Corp, one of the country's four state-owned asset management companies, recently invested RMB 300 million in Chery Automobile Co Ltd, one of the largest private automakers in China, in exchange for a stake of an unspecified size, the Shanghai Securities News reported....
Shanghai, June 12 (Gasgoo.com) Chery Automobile Co, one of China's largest independent carmakers, said it would use the 2.9 billion yuan ($425 million) capital it raised from domestic investors to fund development of heavy trucks, new energy vehicles along with a fourth production plant project, China Knowledge online reported.
Shanghai, June 3 (Gasgoo.com) China's Chery Auto has raised about two billion yuan ($293 million) by selling a 20% stake in the company to local private-equity investors including Bohai Industrial Investment Fund Management Co. and CDH Investments, reported The Wall Street Journal today, citing sources familiar with the deal.