Chery Automobile

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.


Chinese car market falls prey to overcapacity

New vehicles parked at a factory in Shenyang, Liaoning province. There were 123 car production plants last year, and the number is expected to rise to 140 by 2017. Photo: Reuters

When consultant Bill Russo visited Chery Automobile's headquarters in Anhui province about three years ago, he listened to the company's plans to expand its factories to make as many as one million vehicles a year. But demand did not grow as planned.

Saturday, 14 February, 2015, 4:00am

Myanmar market seen offering bright prospects

Cars are expensive in Myanmar

Myanmar may offer a huge opportunity for mainland carmakers seeking to tap into the growing demand for vehicles in one of the poorest countries in Asia. Chery Automobile is talking to Myanmar's state-owned industry company to produce its QQ taxis in the country, where the market is dominated by Japanese used cars.

12 Mar 2013 - 6:31am

Chery goes upmarket in link with Jaguar

Chery goes upmarket in link with Jaguar

Chery Automobile is expected to gain from its joint venture with luxury car maker Jaguar Land Rover, but the challenge to create its own high-end brand remains.

20 Nov 2012 - 3:51am

Business Digest, November 19, 2012

Daimler board to get director for China

Air traffic on the rise at Chek Lap Kok

Hong Kong International Airport reported continued monthly air traffic growth last month, with a year-on-year increase of 1.9 per cent in passenger trips, to 4.7 million, and 1.1 per cent in cargo, to 346,000 tonnes. There were 30,025 flight movements, a rise of 5.1 per cent from the same month last year. Sophie Yu

19 Nov 2012 - 4:13am

Mainland carmakers Guangzhou Auto and Chery in bid to beat slow market

Chery's QQme at a car show. The firm will take advantage of its new partner's production and management experience to move to the higher end of the market. Photo: AFP

Guangzhou Automobile Group, the Chinese partner of Japan's Toyota Motor and Honda Motor, formed an alliance with fellow mainland firm Chery Automobile yesterday to share core technology and management experience in an attempt to boost competitiveness in a slowing market.

7 Nov 2012 - 3:36am

Cars: new tie-ups in web, R&D

Photo: Bloomberg

A couple of interesting news bits are coming from the auto space, where a top foreign website operator is buying into the China car story, and where two major domestic manufacturers are set to announce a new tie-up.

5 Nov 2012 - 10:34am

Chinese car exports to Australia hit asbestos road bump

The Australian distributor of Chinese carmakers Great Wall Motor and Chery has recalled thousands of vehicles over traces of asbestos. Photo: Bloomberg

China's budding car export trade suffered a setback yesterday when an Australian distributor recalled 21,500 vehicles made by mainland carmaker Great Wall Motor and another 2,250 Chery Automobile vehicles over traces of asbestos found in their engines and exhausts.

8 May 2015 - 4:38pm

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

Recycling ideas

The recently opened high-speed rail route between Beijing and Shanghai, said to be the longest and the fastest in the world, has drawn attention to innovation in China. The popular myth is that Chinese companies largely remain in the bottom pit of the global supply chain that affords them scant resources for groundbreaking research and development.

23 Jul 2011 - 12:00am

Fiat and Chery driving towards joint venture

Italy's Fiat, which suspended co-operation with Nanjing Automobile (Group) Corp late last year, will soon close a deal with Chery Automobile to set up a new joint venture, a source said.

19 Apr 2008 - 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

Car firms face uphill drive for success

A YouTube posting showing Brilliance China's BS6 car crumple like a can in a German crash test in June was a public relations disaster for the mainland's car industry.

'Koreans build better cars. Say no to Chinese cars,' was one comment on the posting, highlighting the ground the industry has to make up if it is to win the trust of consumers outside the mainland.

7 May 2015 - 1:03pm

Russians look to Chinese cars while other makes take the back seat

Dmitry Sereda has not one but three mainland-made vehicles. 'I love Chinese cars. They're really cheap,' he said. 'And the quality is not bad.'

27 Aug 2007 - 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