Chery Automobile Co Ltd[1] (simplified
Chinese: 奇瑞汽车股份有限公司; traditional
Chinese: 奇瑞汽車股份有限公司; pinyin: Qíruì
Qìchē, English
pronunciation: /ˈʃɛri/)
is a state-owned[1] automobile
manufacturer in
the People's
Republic of China.
Chery became the 7th most-productive Chinese
vehicle manufacturer in 2010, selling nearly
700,000 units.[2
Founded as a state-owned
enterprise in
1997, auto production commenced in 1999[1] using
a chassis licensed from Volkswagen's SEAT
Toledo.[3]
In 2009 Chery produced 508,500 units,[4] although
by that time it probably had a per-year
production capacity of 650,000.[5] More
than 400,000 of its 2009 sales were sedans.[6] Production
capacity figures may consider engines and
vehicles as discrete.