HomeLATESTChery’s Next Move: Building Cars in the UK

Chery’s Next Move: Building Cars in the UK

Published on

Chinese car giant Chery is considering building cars in the UK, with a final decision expected soon, according to its UK head, Victor Zhang, who told the BBC it was a “matter of time” before the company commits.

Chery, already preparing to manufacture cars in Spain, aims to take a “localised” approach to the European market.

The company, founded in 1997, is China’s largest vehicle exporter and is looking to expand globally through its new brands, Omoda and Jaecoo. Omoda was recently launched in the UK, offering both electric and petrol versions of its SUV, the Omoda 5.

Read More: https://www.bbc.com/news/articles/c74jgk1kw87o

LATEST NEWS

LCB Finance Posts 55% Profit Growth as Assets Approach Rs.13 Billion

LCB Finance PLC has reported a year of robust financial performance and strategic expansion...

ADB Trims Asia Growth Forecast as Energy Market Turbulence Clouds Regional Outlook

The Asian Development Bank (ADB) has revised down its economic growth forecast for developing...

Eranga Perera Appointed Head of Information Technology at Hayleys Retail Holdings

Eranga Perera has been appointed Head of Information Technology at Hayleys Retail Holdings Limited,...

Anil Gunamuni Appointed Head of Tour Operations & Quality Assurance at Walkers Tours and Assistant Vice President at John Keells Holdings

Anil Gunamuni has been appointed as Head of Tour Operations & Quality Assurance at...

MORE LIKE THIS

LCB Finance Posts 55% Profit Growth as Assets Approach Rs.13 Billion

LCB Finance PLC has reported a year of robust financial performance and strategic expansion...

ADB Trims Asia Growth Forecast as Energy Market Turbulence Clouds Regional Outlook

The Asian Development Bank (ADB) has revised down its economic growth forecast for developing...

Eranga Perera Appointed Head of Information Technology at Hayleys Retail Holdings

Eranga Perera has been appointed Head of Information Technology at Hayleys Retail Holdings Limited,...