June 5, 2011
Chery Auto has revised up its export forecast for 2011 to 150,000-200,000 units from 120,000 units, as overseas demand soars. In May, exports of Chery vehicles hit a record monthly high of 24,000 units, almost doubling those in April.
In 2010, overseas shipments climbed 93.2% from a year ago to 91,986 units, making the company the largest Chinese auto exporter for 8 years in a row.
With accumulated overseas sales exceeding 100,000 units in April, the Tiggo compact SUV, popular in countries like Egypt, Brazil, Argentina, Italy, and Turkey, has replaced the QQ supermini as the bestselling Chery model in foreign markets. Demand for the A1 and A3 has also been rising quickly.
Chery currently has 16 KD assembly plants in over ten countries including Russia, Egypt, Malaysia, Uruguay, Iran, and Ukraine.
Earlier this year, it officially broke into the Australian market with the A1 and T11/Tiggo, which will be joined by the A3 this month. The company targets to sell 5,000 units there in 2011 and double the number of local dealerships from 45 to 90 in two years.
Chery Projects Exports to Top 150,000 Units in 2011 | ChinaAutoWeb