VENEZUELA: Chinese automakers expanding in Venezuela
VENEZUELA: Chinese automakers expanding in Venezuela
By Tony Pugliese | 31 July 2014
Chinas Chery Automobile has signed an agreement to export 13,000 cars to Venezuela this year.
Since entering Venezuela in 2006, Chery has exported around 21,400 cars to the country and has assembled a further 30,000 vehicles at its plant in Aragua since it opened in August 2011.
This latest export contract, signed off by the Venezuelan ministry of commerce, follows an additional agreement earlier month with Chinas Zhengzhou Yutong Group to supply the country with a large fleet of public transport buses.
The Chinese firm said it exported 660 buses to Venezuela last year and expects to ship a further 2,000 this year, to help the South American countrys land transportation ministry improve and expand its urban and suburban public transport networks.
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