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After a cumulative production of over one million vehicles in a decade, Chery Automobile recently stated that it expects to be promoted to a “200 million-level auto club†in less than two years. This means that, within two years, Chery’s annual production is expected to exceed 500,000 vehicles, which exceeds the annual production record of “breaking 400,000 units†created by Shanghai GM.
In order to speed up the realization of this goal, Chery expressed that it is currently actively preparing for the listing reform and continues to expand the joint venture and cooperation in the domestic market and the scale of overseas production bases.
As the largest independent brand automobile company in China, Chery currently has two production plants and R&D units, including two sedans, two engine plants, a gearbox plant, and automotive engineering research institute, and a planning and design institute, with an annual output of 400,000 vehicles. The production capacity of 400,000 engines and 300,000 sets of transmissions. In addition, the third car plant under construction will also be put into use before October of this year, and will increase the production capacity of 250,000 to 300,000 vehicles by then. Not only that, Chery Automobile has also built seven assembly plants in six countries including Russia, Ukraine, Iran, Egypt, Indonesia and Uruguay. It plans to build 14 overseas factories by 2010, and the annual export volume will reach 40. 10,000 cars.
In addition to passenger cars, the reporter also learned from Chery that the Chery commercial vehicle production base is also under construction and is expected to be put into production in early 2008. By 2010, its annual production of commercial vehicles is expected to reach 300,000 vehicles.
According to Yin Tongyao, chairman of Chery Automobile, Chery Automobile's internal plan is to welcome the cumulative number of the 2 millionth vehicle by March 2009. In terms of capital, Chery's preparations for restructuring and listing are also actively underway. carry out. 