Chery invests US$75m in South Korean automaker
Stronger strategic partnership will help strengthen KG Mobility’s new product development.
03 August 2026
03 August 2026
Stronger strategic partnership will help strengthen KG Mobility’s new product development.
New eTurbo programme expands BorgWarner's electrified boosting business with a major OEM.
Higher output in Japan was more than offset by weak production overseas.
The decline came even as net sales climbed 36% to Rs499.59bn.
Domestic and overseas production rebounded moderately after sharp declines in May.
Domestic sales rebounded strongly, while overseas sales continued to grow moderately.
The Spanish automotive components manufacturer said the fall in revenue was mainly due to adverse foreign exchange rates in some of the markets where it operates.
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