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Heavy Industry

Chery to assemble cars in Russia
By STAFF EDITOR
Published: February 14, 2006 11:00 AM
Chery will assemble 4000 cars in Russia this year, National Business Daily reports. The Chinese automaker has set up a US$200 million partnership with Autotour of Leningrad with a 150,000 vehicle annual capacity. Chery began exporting cars to Russia last December, and to date has sold 400 vehicles. Autotour has begun assembling Chery-branded cars at its plant in Russia, with an estimated 4000 units to be produced this year. Autotour assembled 16,468 foreign-branded vehicles last year.Link: http://www.nbd.com.cn/admin/module/news/newsFile/200621525423.htm
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