Chery moves into the ship building business
1 October 2007
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Fancy a low cost ship?
Chery grew from a small town player into a nationwide player and is now aspiring to become an international player, but Chery has found that shipping is a problem and what seemed like the best solution was to just buy a ship maker.
The Anhui Daily News reported on Saturday that the WuHu Xinlian ship building company held its ‘reopening’ ceremony on Saturday to celebrate its take over by Chery. The company will be building bulk cargo vessels that will be used to ship vehicles, oil, and other chemical products.
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In keeping with its high export hopes, and its independent nature, it’s clear that Chery’s got roros (roll on/roll off ships) on the mind.