March 14, 2012 by Joey Wang
Just weeks after the opening of four Chery dealerships in Venezuela, dozens of people are lining up every day to buy the first Chinese cars being sold in the Latin American nation.
Unlike competing Japanese and American cars, import preferences granted by the Venezuelan government mean the Chinese cars are cheaper, which has attracted a steady stream of interested customers.
September 5, 2011 by Tycho de Feijter
Leading private Chinese automaker Chery has opened a plant in Venezuela amid efforts to expand its overseas market, the company announced Thursday. The plant, located in Aragua in central Venezuela, officially started operation Monday and manufactures Chery’s A1 and A3 passenger models, Chery said in a statement. Read more »
June 1, 2011 by Tycho de Feijter
Chery Automobile Co will break new ground in Latin America when its $200 million factory in Venezuela starts producing vehicles for the region later this year, a move seen as further enhancing foothold in the overseas market of the automaker, a top company executive told China Daily.
Chery had signed a cooperative agreement with China Development Bank and the Venezuelan government to set up the new factory, which will be the second-largest that Chery has in Latin America, following its existing auto manufacturing facility in Brazil.