Chery remains best selling and top exporting own brand

Shanghai January 18 (Gasgoo.com) Chery Automobile Co., Ltd. announced its latest sales figures of 682,000 vehicles up to December 2010, becoming the largest selling own brand and placing sixth among the country's best sellers of passenger vehicles. This not only represents an increase of 36.3% from the previous year, but also marks the tenth year in which Chery has ranked as the top selling own brand. Additionally, the company’s export sales of nearly 100,000 vehicles allowed it to hold on to its position as top Chinese exporter of passenger vehicles for the eight consecutive year.

Among the company's individual vehicle sales, its Fulwin 2 led the mid-class market with accumulated sales of 73,244 units. The fully-redesigned Cowin series' November sales of 20,539 vehicles helped it reach a total sales volume of 90,000 vehicles. As for its other models, combined sales of the Tiggo NCV, Tiggo DR and redesigned Tiggo SUV showed an increase of 31.9% from the previous year. Overall, Chery had total domestic passenger vehicle sales of 459,000 units up to December of last year, a yearly increase of 15.8%

Aside from sales, Chery's other large achievement of 2010 was constructing and investing in Asia's largest automobile research center. Models equipped with GDI, CVT and other new technology are expected to hit the market this year. Chery passed J.D. Power Asia-Pacific Company’s Consumer Satisfaction Index (CSI) survey with a score of 815, creating a new record that not only surpassed other own brands, but several foreign joint ventures as well.