Chery Automobile has announced that it wants to sell its first made-in-Vietnam car by next year.
“We want to build a factory in Vietnam as we don’t want to merely import and sell cars,” Chery Vietnam Director Tocy Tang told VnExpress.
The proposed plant would allow Chery to “build vehicles that are localised for Vietnamese and optimise its potential,” while enhancing the branding of Chinese cars in Vietnam, he said.
Founded in 1997, Chery is the ninth largest car manufacturer and top exporter in China.
