Chery Automobile
Chery Automobile
Chery Automobile Co. Ltd., trading as Chery and sometimes known by the pinyin transcription of its Chinese name, Qirui, is a Chinese state-owned automobile manufacturer headquartered in Wuhu, Anhui, China.
Glob.Revenue, mln.USD
42250
The Chinese car manufacturer Chery is studying the possibility of localization of production in Russia. The company can launch its own car production in the Russian Federation or open a factory under the terms of partnership, said the president of Chery International, Zhang Guibin.
The Company Statement
July 11, 2023
Chery is ready to organize the release of its cars in Russia. The Chinese car concern can start assembly at another Sollers plant or buy out the assembly facilities. There are already eight brands from China in the top ten best-selling new cars in Russia at the end of 2023. Or even nine - depending on how you consider Moskvich: it is produced in Moscow and is considered Russian, but copies of Chinese JAC JS crossovers come off the assembly line under this name. Each of the top three Chinese brands in sales - Haval, Geely and Chery - sells more than 10,000 cars per month. Significantly increased revenue in 2023 vs 2022 (more than 3x! times). The ex-Mercedes plant in Yesipovo near Moscow, which was transferred to Avtodom, will assemble premium cars from the Chery concern under a contract assembly agreement.
| June 24, 2024 | Exeed assembly at the former Mercedes plant in the Moscow region will begin in July |
| May 24, 2024 | A Chinese car assembly plant was stopped near St. Petersburg |
| March 26, 2024 | The Chinese are attacking AvtoVAZ with huge discounts |
| March 05, 2024 | Passenger car sales increased by 85% year-on-year in February 2024 |
| December 29, 2023 | “The consumer’s heart melted.” The Russian automobile market has become Chinese |
| December 16, 2023 | The head of AvtoVAZ: it is impossible to compete with the “Chinese” without state support. The Russian auto industry cannot do without the help of the authorities |
| November 24, 2023 | Chinese car sales boom in Russia levels off amid shaky local recovery |
| September 29, 2023 | In 2022, the profits of Chinese companies in the Russian car market increased by 91% |
| July 04, 2023 | Jetour brand presented development strategy in the Russian market and new models |
| June 05, 2023 | Sales of passenger cars are catching up with demand |
| April 21, 2023 | Chery is considering opening its own plant in Russia |
| February 25, 2023 | Chinese brands have replaced iPhones and Hyundai in Russia’s war economy |
| December 09, 2022 | Russian car dealers told how many brands are left on the market |
| August 18, 2022 | Chery is ready to organize the release of its cars in Russia |
| February 28, 2022 | Chery stopped buying cars for Russia |
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