The Chinese auto
maker Chery Automobile Co. announced here that it has signed an
agreement with a U.S, company to export 250,000 Chery-series vehicles
to the United States a year, starting in 2007.
The upstart Chinese auto producer based in east China's
Anhui province, said it has an agreement with the US Visionary
Vehicles Company to be its sales distributor in the Northern America
for its five new models of vehicles.
According to the agreement, both companies will invest
jointly to set up the R&D center and production base for the
Chery company.In addition, the US investor will also establish
a professional sales team and 250 distribution points in the U.S.
for the Chinese auto maker.
The Chery firm started its performance in the international
market in 2001 when it exported its first batch of Chery-series
vehicles to the Middle East.
In 2003, the Chery company signed a contract with
the Iran-based SKT company to found its first overseas production
base, making itself the first Chinese auto maker producing cars
outside China.
Statistics show Chery exported more than 1,200 sets
in 2003, and the figure jumped to 8,000 in 2004, the largest exporter
among Chinese auto makers.
Currently, Chery company has been working in cooperation
with more than 20 countries for car exports and production bases,
with most of its self-design Chery-series of cars concerned.
|