KSA Jeddah, July: Chery Automobile delivered a total of 348,302 vehicles in the first half of 2021, over 65,000 of which in May alone, marking an 84% year-on-year increase. The Chinese automaker witnessed an export-led growth rate of 256% above the previous record, adding a new overseas consumer every 2 minutes on average.
Mr. Liu Yonghu, General Manager of Chery Saud Arabia, said: “Chery brings products and services and technology, brand, and culture to more than 80 countries and regions with its presence. Chery’s overseas factories create more employment opportunities for the local people and bring advanced technology, manufacturing process, and management mode to the local people, which strongly promotes local automobile manufacturing technology. At the same time, Chery actively integrates into the local culture and makes its brand more popular in the Philippines, Chile/Ecuador, and other countries under sports culture marketing”.
Adding that: “Chery will continue to explore the existing markets further, and accelerate the development of new markets in right-hand-drive regions, Africa and the European Union, to continuously enhance the competitiveness of Chery in overseas markets according to the “double 50” strategy of Chery, that will achieve the strategic target of exporting 500,000 vehicles with export volume reaching 5 billion US dollars by 2025.”
The entire executive management of Sanabel Modern Motors, a Mohamed Yousef Naghi Company, said that they are pleased with their partnership with Chery Automotive Company as they look forward to enhancing their investments to inaugurate showrooms, sales outlets, and maintenance centers for Chery cars in different cities with the latest technical and innovative world-class standards”.
It is worth mentioning that Chery had an excellent 2nd quarter in several markets. In Brazil, the carmaker hit a new monthly sales record in May, with a month-on-month increase of 24.3%, ranking 10th for the first time among automobile brands with a market share of 1.81%; with TIGGO5X remains the best-selling model in the country. In Chile, Chery achieved a new sales record in May, with month-on-month growth of 18.1% and a market share of 5.7%. Chery ranks fifth among automobile brands and continues to maintain a first-place among Chinese brands”.
In Russia, the TIGGO7 Pro was the best-selling Chinese-branded SUV model in Q1, ranking first among SUVs for five months in a row. In Ukraine, Chery’s market share rose to 4.44%, ranking eighth among auto brands and continuing to remain the first place among Chinese brands.