* Chery raised $425 mln through share placement deals * Proceeds to be invested in new auto projects (Updates with company confirmation) SHANGHAI, June 3 - Chery Automobile Co, China's largest indigenous car maker, said...
Chery Automobile Co Ltd, one of the largest private automakers in China, has sold a 20% stake to several domestic private-equity (PE) firms that include Bohai Industrial Investment Fund Management Co and CDH Investment, the Wall Street Journal reported today, citing people close to the deal as saying....
Shanghai, June 2 (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 Wall Street Journal today, citing sources familiar with the deal.
Shanghai, June 2 (Gasgoo.com) Chery Auto is set to sell its cars in Taiwan and the Chery A3 has passed the crash test of Taiwan's Automotive Research & Testing Center (ARTC), the car company said Monday.
SHANGHAI, June 3 - China's Chery Automobile Co has raised about 2 billion yuan ($293 million) by selling a 20 percent stake to domestic private equity investors, the Wall Street Journal reported on Wednesday, citing...
Shanghai, June 2 (Gasgoo.com) Chery Auto is set to sell its cars in Taiwan and the Chery A3 has passed the crash test of Taiwan's Automotive Research & Testing Center (ARTC), the car company said Monday.
Shanghai, June 1 (Gasgoo.com) Chery Auto is set to launch its trendy mini-car Chery QQme (previously codenamed Chery S16) this month, sina.com said today. The Mini-like mini-car will target the young female demographic.
Shanghai, May 26 (Gasgoo.com) The Chery QQ3 minicar has recently been launched in Hanoi, capital city of Vietnam, as the first Chery model to enter the Vietnamese market, signifying Chery Auto has successfully entered the 8th market of ASEAN, the Chinese carmaker's website said.
Chery Automobile Co Ltd, the largest private automaker in China, may raise its annual sales target by 50% to 300,000 units in 2009 if the auto market continues to recover, said Ma Deji, the company's deputy general manager, sources reported. Chery's vehicle sales in April hit a monthly record of 42,935 units...
Shanghai, May 22 (Gasgoo.com) Following Guangzhou Automobile's merger with Hunan Changfeng Motor Co on Thursday, Chery Automobile Co and Anhui Jianghuai Automobile Co may become the next couple of companies to form a similar alliance in response to government's call for creating competitive automobile giants, the NanFang Daily reports.