1. Text: | Print|

      Chery plans to put up assembly plant in Philippines

      2014-03-28 14:57 Xinhua Web Editor: qindexing
      1

      China's car manufacturer Chery Automobile Co. Ltd is planning to put up an assembly plant costing 4.5 billion pesos (100 million U.S. dollars) in the Philippines within the next three years.

      Chery has existing assembly plants in Malaysia and Indonesia and it is grooming the Philippines to become its third assembly hub in Southeast Asia.

      China's top car company recently partnered with a local firm to create local unit Chery Cars Philippines, Inc. which would initially serve as exclusive distributor of its cars in the country and to eventually manage assembly operations.

      "Manufacturing is very capital extensive so we're planning to go into assembly first which we are targeting to do within three years. We can imports parts and assemble (cars) here," Chery Cars Philippines president and Chief Operating Officer Marinel B. Santiago said during the launch of new Chery car models in Pasay City in the country's capital region of Metro Manila.

      Chery Cars vice president Guibing Zhang said the envisioned Philippine assembly plant would initially produce 20,000 units annually.

      Zhang said the Philippines is a "perfect" investment site for China's top car company given the country's record economic growth which has resulted in the increase in the number of middle-income families.

      "We believe the Philippines will lead ASEAN countries in growing investments. We want to be where the action is," he said.

      Chery cars currently sold in the Philippines are all imported from China.

      The company introduced eight new models of commercial and utility vehicles and passenger cars which will be sold by local dealers this year.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 一级毛片免费观看不卡视频| 亚洲成AV人片在WWW| 国产午夜无码片免费| 亚洲?v无码国产在丝袜线观看 | 亚洲黄色一级毛片| 久久精品国产免费一区| 久久亚洲精品国产精品黑人| 日本免费中文视频| 久久精品亚洲一区二区三区浴池 | 成人黄18免费视频| 亚洲色偷精品一区二区三区| 日韩a级毛片免费观看| 无遮挡呻吟娇喘视频免费播放| 又粗又硬免费毛片| 国产精品成人免费观看| 亚洲无线码一区二区三区| 免费av片在线观看网站| 亚洲国产高清视频在线观看| 成年女人午夜毛片免费视频| 国产精品亚洲а∨无码播放麻豆 | 亚洲香蕉久久一区二区三区四区| 人成午夜免费视频在线观看| 亚洲乱理伦片在线观看中字| 亚洲精品A在线观看| a级毛片免费全部播放无码| 亚洲国色天香视频| 国产一级淫片视频免费看| 青青操在线免费观看| 亚洲中字慕日产2020| 亚洲Aⅴ无码一区二区二三区软件| 国产特黄一级一片免费| 亚洲精品韩国美女在线| 国产色婷婷精品免费视频| 美女被免费网站91色| 亚洲一级毛片在线观| 亚洲精品视频免费| 2021在线永久免费视频| 夜夜爽妓女8888视频免费观看| 亚洲成AV人在线观看天堂无码| 亚洲成在人线aⅴ免费毛片| 二级毛片免费观看全程|