Great news for the Chery lovers out there. Chery announced that in 2007 they will build the car with the number 1 million. By 2010 Chery will have a total production capacity of 1 million cars per year, and that's simply great! While they had a 120% rise in production in 2005, Chery got a 60% increase in 2006, going to a production capacity of 300,000 cars/year. Going from 300,000 to 1,000,000 in 4 years is an ambitious plan, but I'm sure they can do it. I think Chery is the best chinese auto manufacturer right now and I'm sure they will be a world player in the next ten years or so.
Lately Chery has been trying to export its products in different markets like North America and Europe. The total number of cars exported in 2006 was 50,000, 180% up. Those are great numbers and you can really see Chery taking speed. With the talks they had with Fiat and Daimler Chrysler and the IPO that will come in 2008, I see great future for this company.
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