Chery Automobile has posted a decline in annual sales in 2008, reversing the previous growth trend.
Go deeper with GlobalData
Chery sold 356,000 vehicles last year, down 6.6% from the previous year, and way off its sales target of 480,000 units for that year, according to company data just published.
The company’s sales performance in 2008 was hit by a slowing of demand in China, as well as in export markets.
Overseas sales fell to 135,000 cars last year, from around 180,000 in 2007, during which it recorded a 132% jump in vehicle exports.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
