First Qoros model from Sino-Israeli partnership

A joint venture between Chinese carmaker Chery Automobile Co and Israel's largest holding company plans to simultaneously launch its first model on the Chinese and European markets next year.

The first model from the partnership Qoros Auto Co Ltd will be a compact four-door sedan with "a design language inspired by modern European tastes", the company said.

The model will make its global premiere at the Geneva motor show in March 2013 and its China debut at the Shanghai auto show in April next year to attract "discerning young buyers" in China and Europe, it said.