Advertise on China Car Times NOW!


Goodness Gracious Me - Chery going to India

According to the Business Standard, Chery may well be taking its ’small compact cars’ (aka, Chery QQ) to the Indian market.

Chery Automobiles, China’s largest car-maker, is likely to team up with Delhi-based International Cars & Motors Ltd (ICML), makers of Sonalika tractors, to introduce a small car in India next year.
L D Mittal, chairman, ICML, said his company was negotiating with several car manufacturers to introduce the right kind of compact car. He did not deny that Chery was one of them.
“We are planning to launch a premium hatchback in the Rs 3-4 lakh price range, which is the fastest-growing car segment in India,” Mittal told Business Standard.
Chery, with factories in Iran, Russia, Malaysia, Egypt and Pakistan, is keen on a footprint in India in its bid to become a large Asian car-maker. “Chery has a bouquet of small cars that suits the Indian market. It dominates the compact and hatchback segment in China and specialises in the small-car technology currently in demand in India,” a source said.
Industry sources said ICML is planning to manufacture Chery products at competitive prices from its tax-free production facility at Amb in Himachal Pradesh. “The 24 per cent excise break will translate into a major price gain for the ICML-Chery marriage. We are also in constant touch with ICML for any potential ancillary supplies for new products,” a component manufacturer said.

So there you go, Indian CCT readers! Perhaps you’ll finally get your hands on a QQ, which to be fair do look a lot better than the Indian offerings (old Suzki Altos)

RSS feed | Trackback URI

China Car Times RSS Feed

Subscribe to China Car Times RSS Feed
Like what you see on China Car Times? Keep up to date with our latest stories via our RSS feed.

   
Email this story to your friends!

Recommend this story to your friends
Perhaps you have a friend who might have an interest in this story, click here to send this story to them!

   

China Car Times Forums - Coming SOON
Have a question about Chinese cars, want to chat about latest models, designs, or safety concerns? Please register and post your questions and answers in our forum

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> in your comment.

Categories

_

  • Top Commentators

    • ash (33)
    • Rick in China (15)
    • dragin (13)
    • dogtucker (9)
    • jack (8)
    • mememe (7)
    • mark (6)
    • woxihuanpijiu (6)
    • charlie (4)
    • Gerald (4)
    • none of your business (4)
    • al (3)
    • aron (2)
    • joninchina (2)
    • Windy (2)
    • JoeSichuan (2)
    • queenofthetheatre (2)
    • اشرف (2)
    • lol (2)
    • David (2)
  • Whos Online?

    tms_online_users();