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Chery planning to set up shop in Iran
As the entire industry looks towards China as a new vehicle for growth, Chinese automakers are investing heavily outside of the country in places as diverse as the Ukraine, Brazil and Egypt. The latest offsite location is Iran, where China's largest automaker Chery Auto has announced plans to build a new $370 million plant in the northern city of Babol. Chery is partnering with Iran's biggest automaker Khodro, as well as Canadian investment firm Solitac, to start assembly of its compact S21 sedan in the Middle-Eastern country. The cars, which ... Read more →
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Chery planning to set up shop in Iran 2 years ago on Autoblog
As the entire industry looks towards China as a new vehicle for growth, Chinese automakers are investing heavily outside of the country in places as diverse as the Ukraine, Brazil and Egypt. The latest offsite location is Iran, where China's largest automaker Chery Auto has announced plans to build ...
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