Chery Automobile Co Ltd, the largest private auto maker in China, has resumed preparations for an A-share initial public offering after its application for a domestic listing in June 2008 was shelved due to a market slump amid the global financial crisis, said Jin Yibo, spokesman for Chery, sources reported on...
Chery Automobile Co Ltd, the largest private auto maker in China, has decided to locate its Brazilian headquarters in St. Paul, Brazil-based Agencia Estado reported on Tuesday.Chery's Brazilian headquarters will cover an area of 10,000 square meters. The initial vehicle model to be made in the plant...
China's BYD Co<1211> and Chery Automobile Co Ltd are considering setting up vehicle plants in Brazil, as part of their effort to explore overseas markets, Sergio Cabral, governor of Rio de Janeiro State said on Thursday during an official visit to China, the Wall Street Journal reported.Cabral said he hopes that his...
Chery Automobile Co Ltd, the largest private auto maker in China, recently reached an agreement with Taiwan's Shengrong Auto, a subsidiary of Prince Motors Co, to assemble A3 cars in Taiwan, the China Daily reported on Monday....
By Shi Jierui Chery will publicize its QQme June 26 on Hunan TV. Some Chery dealers in Changsha, the capital of Hunan Province, have the small cars in their showrooms. The QQme is a four-seater, two-door minicar, measuring 3.75m x 1.6m x 1.5m, with a 2.3m wheelbase. It has a 1.3-liter gasoline en...
Shanghai, June 15 (Gasgoo.com) China Huarong Asset Management Corp. confirmed on Saturday that it invested 300 million yuan ($43.93 mln) to take a stake in Chery Automobile Co., and plans to launch an initial public offering (IPO) within the next three to five years, xinhuanet.com reported today.
Chery Automobile Co Ltd, the largest private automaker in China, revealed that it would use the funds it raised worth RMB 2.9 billion to finance its new energy projects along with its heavy-duty truck project and an auto plant project, according to Jin Yibo, Chery's spokesman....
Chery Automobile Co Ltd, the largest private automaker in China, launched its luxury car brands Riich and Rely in Wuhu on Thursday as part of the auto maker's efforts to boost sales and expand overseas operations, the Shanghai Daily reported.Chery will produce high-end car under the brand Riich and all...
Chery Automobile Co Ltd, the largest private automaker in China, has delayed the plan to set up a joint venture (JV) with Italy's Fiat SpA due to the unstable market conditions, Reuters reported on Thursday citing Chery's chairman as saying.It would be difficult for the overseas automakers to make any additional...
WUHU, CHINA, March 19 - China's Chery Automobile has delayed a car joint venture project with Italy's Fiat because of changing market conditions, its chairman said on Thursday. "Foreign automakers are affected by the financial...