• Fri
  • Jul 11, 2014
  • Updated: 6:21pm

Chery

Chery Automobile Co was founded in 1997 is the seventh largest China-based automaker, measured by output in 2011, when it produced around 600,000 units. Its products are mainly passenger cars, minivans and SUVs and its vehicles are sold under four brand names: Chery, Karry, Rely and Riich. In September 2012, Chery said Chinese regulators had cleared it for a joint venture with Jaguar Land Rover, part of India’s Tata Group.

 

Chery, with new JV, heads to market

More than a month after struggling carmaker Chery first told the world that its joint venture with Jaguar Land Rover had received a government green light, China's state planner has come out and announced its formal approval of the deal. 

Thursday, 1 November, 2012, 12:28pm

Qoros bares big plans to make compact car

Qoros Automotive, the joint venture between Chery Automobile and Israel Corporation, will start producing a compact car in 2013 to compete with global brands such as Toyota Corolla in China's slowing market.

30 Nov 2011 - 12:00am

Chery cleared for venture to make larger cars

Chery Automobile, which wants to expand beyond small economy cars, received final government approval yesterday to form a joint venture with an Israeli firm to build larger, more profitable vehicles.

9 Jan 2008 - 12:00am

Chery, Fiat further cement ties

Chery Automobile and Italian carmaker Fiat will establish a joint venture to produce and distribute cars, further cementing ties between the two companies.

Each firm will have a 50 per cent stake in the venture, set to start production in 2009 with an annual capacity of 175,000 cars.

8 Aug 2007 - 12:00am

Chery signs deal to supply petrol engines to Italy's Fiat

Carmaker expects pact to boost competitiveness abroad

Chery Automobile has signed a contract to sell engines to Italy's Fiat Group, the mainland firm's second major push to tap the overseas markets after a car-making deal with the United States' Chrysler last month.

7 Aug 2007 - 12:00am

Fiat wants deeper alliance with Chery

Chery Automobile, which makes the popular QQ brand car, is considering calls by Italian carmaker Fiat Auto to expand their existing co-operation.

Fiat president Sergio Marchionne 'has approached us for deeper co-operation in the future. He also showed an inclination to set up a joint venture, but we have not yet expressed our intentions,' Chery spokesman Wang Wei said.

2 Feb 2007 - 12:00am

Car exports skyrocket as profits slide

China yesterday reported an increase of more than 60 per cent in vehicle exports in the first half of the year but profits fell for the fourth consecutive year as makers cut prices to win market share.

15 Jul 2006 - 12:00am

Easing price war lifts profits at carmakers

China's vehicle industry enjoyed an excellent first five months of the year, with sales increasing nearly 30 per cent and profits up more than 70 per cent but rising inventories and threats of a price war bode for a leaner second half, according to official figures published yesterday.

29 Jun 2006 - 12:00am