Couple of days ago some news surfaced that Chery Automobile is trying to make a partnership with the Malaysian company Proton to gain some ground in their market. Apparently Chery Automobile wants Proton to build two of their models and sell it in Malaysia. We don't know what cars they're talking about though. The source also said that in the first phase only 50 or 60 cars will be made when they're finished talking about it with Chery Automobile. So far Chery Automobile sold 300,000 cars last year in China, with around 50,000 cars exported.
Chery Automobile has around 8% of th Chinese market, which makes it the fourth largest auto manufacturer in China. Its expected to increase around 15-20% in 2007, while the total number of car sales will probably be around 8,000,000 this year. Yet another example of Chery Automobile expanding in new markets. Good for them!
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