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Chery a popular brand of cars in China
(chinadaily.com.cn)
Updated: 2006-08-07 09:18 
Chery QQ, a popular model produced by Chery automobile. Founded in
1997, Chery Automobile Co., Ltd. specialized in the production and operation of
automobiles and auto components. The total assets have come to 11.8 billion
yuan. Chery now has introduced six types of car onto the market: Eastar, Tiggo,
A5, Cowin, V5, and QQ. The present production capacity for whole vehicle and
gear box is respectively at 400,000 and 300,000 units per year. In 2005, Chery
achieved a sales volume of 189,100 cars with a total increase rate of 118%, and
exported 18,000 cars overseas, ranking No.1 in the export of domestically made
cars. [chinadaily.com.cn]
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