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Below are some of the most recent news, articles and videos about Chery Automobile. China's Chery Automobile to invest $1.4 billion in Brazil China's Chery Automobile Co Ltd said on Monday it plans to invest 10 billion reais ($1.4 billion) in Brazil over the next decade, as the Chinese carmaker expands its presence in the South American nation. The investment will go towards building a factory, research and development centers and a dealer network, Chery said in a statement. The company, which started production in Brazil in 2019, plans to produce more than 120,000 vehicles a year by 2025. "This investment will make Brazil an important base for Chery's internationalization strategy," the statement said. The company said it expected to create around 5,000 direct jobs in Brazil and 10,000 indirect jobs. ($1 = 6.9133 reais) (Reporting by Carolina Mandl; Editing by Sandra Maler) China's Chery Automobile enters U.S. market with electric car China's Chery Automobile Co Ltd on Tuesday announced its entry into the U.S. market with an electric vehicle, the EXEED TX, in a move to tap into
China's CHERY has officially entered the UK market, unveiling its full SUV line-up at a London launch event. The brand will initially operate with 25 franchised dealershipsHow Can Canandaigua Used Car Dealerships Help You, expanding to 100 by 2026, and plans to establish a UK R&D centre. The launch showcased the TIGGO 7 and TIGGO 8 in ICE and Super Hybrid versions, with the TIGGO 9 and TIGGO 4 confirmed for release within six months. Vehicles are engineered in Europe to meet UK standards, with parts logistics managed by DHL and repair/security validated by Thatcham Research. CHERY aims to position