Chery to build cars in Israel

Wow. Bit of a politically charged area of the world to make cars in, especially if they are making the cars for export:

JERUSALEM, Israel — China’s Chery Automobile will team with Israel Corp., an Israeli holding company, to assemble vehicles in that country.

A report in the Shanghai Daily said the Israeli company is investing $225 million in a joint venture with Chery to make cars both for the local market and for export, with Europe and the United States among the target markets.
Chery has been one of China’s most aggressive vehicle exporters. It has local-assembly deals in several countries, including Argentina, Bangladesh, Iran and Malaysia.

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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