Modern Talking - Cheri Cheri Lady
Chinese cars coming to India From Chery Rival Nano and Alto.
Recently Jeremy Clarkson and James May from Top Gear visited the Chinese automotive industry and said in their episode that levels of improvement presented by the Chinese brands are better than their Korean counterparts They even found that in a period of 5 years, a majority of people across the world will be driving Chinese vehicles in simple words, this means that Chinese manufacturers are eager to enter new markets and working with other international brands.
Just a few months we informed you Jaguar and Land Rover to enter a joint venture with the sixth largest automaker in China Chery The reason is probably the size of the Chinese market is the largest market the planet and the demand for JLR products increased, the British duo in a joint venture with Chery Auto.
Chinese carmakers are now looking mature markets and Chery will invest Rs 4500 crores INR or the United States 78 7 million over 5 years to set up a production facility in Malaysia Intended for export vehicles the facility will be dedicated to the right hand drive markets such as Indonesia, India, Sri Lanka and Thailand initially Chery will focus on capturing the domestic market of Malaysia, after which it will start exports to the above mentioned markets.
Talking about India in particular, the news does not come as a surprise that Chery QQ3 Chery Auto a small car in India spied tested two or three times, the last being spotting in Delhi last year's QQ3 is a small car that is low cost and can be placed between the price segment of Rs 2 lakhs to Rs 5 lakhs which is 2 above segment Tata Nano and below Maruti Alto.
Chery CEO said the location of the plant has already been selected and they expect government approval The first phase of the plant will be ready by 2015 and first they intended to sell 10,000 units per year, however, assured that the increase in demand for cars in the market overseas, the production capacity will increase to 20,000 cars a year in 2015, we could see more Chinese vehicles on Indian roads side of the force A Chinese name Guangdong Foday Explorer, Premier Rio and the next Great Wall Haval H5 ICML who wants to start.
To launch Chery Chinese cars in India Nano Rival Alto, Chery, launch, Chinese.