Chery Auto mulls building light truck, minivan plant in Henan
China's Chery Automobile Co is mulling plans to set up a 1.77 billion yuan ($259 million) facility to produce minivans and light trucks in Kaifeng city, Henan province, reports China Business News on Wednesday, citing an informed people familiar with the plan.
The plant is expected to have an annual capacity of 200,000 minivans, 80,000 light trucks as well as an unnamed amount of agricultural vehicles.
"This move proves that Chery has fully recognized where its major competitive advantage lies and has decided to further tap the growth in the second or even third tier cities," the people said.
According to the report, Chery has been the top selling auto brand in Henan since 2004. Henan province is also Chery's second largest sales market domestically, following only Shandong province.
Chery spokesman Jin Yibo refused to comment on the report but he didn't deny it.
Views:0
- Chery Rolls Off Its New Energy Mining Truck in Erdos 2021-12-21
- Kurry Open Ecuador’s Door by Approval Strength 2014-11-03
- 13,000 Chery Auto Ordered by Venezuela 2014-07-31
- Chery Auto enters high-end light truck production 2012-06-12
- Chery may cooperate with ZX to export pickups 2012-03-05
- 600 Chery pickups exported to South America through Tianjin 2012-02-21
- Chery light truck to release next year 2011-09-01
- Chery is to march in commercial vehicle market 2010-08-24
- Chery to promote light truck 2010-08-23
- First light truck of Chery to be listing in 2011 2010-08-02
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021