Qoros will quit Europe auto market temporarily and focus more on domestic market

Gasgoo.com (Shanghai June 15th) – According to recent news from the website, worldcarfans, Qoros will quit Europe auto market temporarily and focus more on domestic market. In 2014, there was big loss in Qoros auto, which was 0.305 billion Euro. In 2014, the sales volume of Qoros was 7000 in the world, among which there were only 51 Qoros cars sold to Europe.

Qoros auto was established in 2007, hoping to build international auto brand from China by developing European auto market but the result was unsatisfied. Qoros was always regarded as high-end brand of Chery, not the international brand as planned.

The sales volumes of main models of Qoros were never higher than 1,000 per month after the release of Qoros 3. Qoros 3 city SUV was put into the market complying to the demand of China auto market but was only regarded as cross model and the sales volume per month was not higher than 1,000.