Chery exec plans new car company
By Han Tianyang | China Daily | Updated: 2013-07-29 07:20
Reports: Local govt help, will use scrapped models
As Chery Automobile Co trims its lineup in an attempt to restart growth, an all-new carmaker could to emerge from the models it has abandoned.
According to recent domestic media reports, Chery's co-founder Lu Jianhui has brought some 200 staff members to start a new auto company in Chery's home city Wuhu, Anhui province.
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