Chery exports up 56.7% in February

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Chinese carmaker Chery Automobile Co on Tuesday said its overseas shipments jumped 56.7 percent year-on-year to 11,035 units last month. More than half of the exported cars were manufactured in Chery’s overseas production centers, indicating strong overseas output capacity, said Jin Yibo, a company spokesman.

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The company will make efforts to speed up its global expansion and export more cars this year, Jin said. The company, based in east China’s Anhui province, exported a record 160,200 vehicles last year, maintaining its status as one of China’s biggest auto exporters for a ninth year.

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Chery opened a plant in Venezuela last August and is expected to start operations at another plant currently under construction in Brazil in September 2013. The company has also announced plans to build assembly plants in Myanmar and several African countries.

Via: ChinaDaily.

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