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Chery Reports 68.8% Increase in Exports in Q1

Xinhua. China’s Chery Automobile saw the number of its exported vehicles increase a record 68.8% during the first quarter.

It exported 37,976 vehicles, 15,478 ones more than the corresponding period last year. The exports accounted for 34.9 percent of its sales in the first quarter.

To date, the 11-year-old company, based in Wuhu, east China’s Anhui Province, has sold cars to 69 foreign countries. It is ambitious to enter another 15 countries in Central America and the Caribbean this year.

Chery plans to increase its annual output to one million vehicles by 2010. Chery is forecasting a record 480,000 units in 2008, after rising 24.8% year on year to 381,000 units in 2007. Chery is the fourth-largest automobile seller in China.

Comments

Crushed

Pity the crash test dummies.

NIRMALKUMAR WALA

UNDER THE GUISE OF SAFETY US BIGT HREE ARE SELLING MOST POLLUTING VEHICLES AND ARE MOST DAMAGING THE EARTH. EVEN AFTER ENTRY OF SUCCESSFUL MANAUFACTOR OF LITHIUM BATTERIES THE BIG THREE ARE TAKING YEARS TO BRING OUT A SATISFACTORY SMALL ELECTRIC CAR. ITS TIME US GOVERNMENT SETS UP DEADLINE FOR ELECTRIC VEHICLE PRODUCTION FOR EVERY CAR PRODUCER. WHY IS TOYOTO DELAYING PRODUCTION OF PLUG IN ELECTRIC OUT OF PRIUS EVEN AFTER ARRIVALOF SAFE LITHIUM BATTERIES. CHINESE WILL BE FIRST TO DO THAT FOLLOWED BY INDIA.

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