China’s largest domestic auto-maker, Chery, is opening a factory in Iran. The news further proves Chery’s global expansion and follows on the heels of deals with Chrysler and Fiat. The $370 million plant will be located in Babol, Iran and will be co-developed with Iran car maker, Khodro, and Solitac, a Canadian investment firm. The plant will produce Chery’s compact S21 sedan to be sold in Iran and neighboring countries.
Chery president Yin Tongyao said the venture is to strengthen Chery’s presence in Iran, as well as the Middle East, in an effort to build Chery into a “Chinese brand in the world market.” According to The Detroit News, Chery will hold a 30% stake in the factory with Khodro and Solitac holding 49% and 21%, respectively. Chery also assembles vehicles with partners in Russia, Ukraine, Egypt, Uruguay and Indonesia.
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08/13, 12:42 PM
posted by:
Me
Wow! Here’s a great combination… I’d rather walk.
08/13, 1:05 PM
posted by:
Random Jerk
Chinese cars in Iran? What a perfect opportunity to express one’s xenophobia and racism.
08/13, 1:21 PM
posted by:
CTS DRIVER
chrysler cherry and iran do not set well with me. come on china turn iran into tibet for us please.
08/13, 1:55 PM
posted by:
Veda
Interesting and I’ll bet a very profitable strategy on Chery’s part. People in US can talk xxxx all day long but I don’t think they care since they’d be making a lot of cash.
08/13, 2:43 PM
posted by:
Commodore
US hates Iran just as much as we hate you Chery (and any other automakers that take the name Chevy and change one letter of it and plagerize its cars – compare the Chevy Matiz to the Chery QQ)
Names of chinese automakers:
Chery
Cheby
Great Wall
Chely
Cheky
Tiananmen
Chewy
…
08/13, 3:29 PM
posted by:
kayne001
My eyestrain (dyslexia?) always tricks me into thinking that it’s Chevy.
08/13, 3:49 PM
posted by:
jackjimturkey
Someone erased my post. it read (more or less): “Their luxury model will be called the Ahmadinejad. Remote-start system standard on every car, but i would be reluctant to use it.”
Why was it taken off?
08/13, 3:51 PM
posted by:
jackjimturkey
R-Head, you’re so right. China got in trouble with the pope a few months back, when it decided to “ordain” its own “bishops.”
08/13, 3:54 PM
posted by:
Deanster
I wouldn’t invest 370 million in a plant in Iran, when there is still a lingering possiblity that it might turn into a battlefield a la Iraq. It’s too financially unstable.
08/13, 9:49 PM
posted by:
RicardoHead
EDITED!
08/14, 6:49 AM
posted by:
Get Real
We buy all the crap “Made in China”.
China takes our money and invests in their military.
China takes our money and helps one of the worst countries out there next to North Korea, who all want us dead, not taken over, but really really dead.
China allows no freedoms of speech or religion, etc. oops……..everyone forget they are a communist country.
The leaders of our country are dooming our future. I say time for a New Cold War !!!
08/14, 8:03 AM
posted by:
RicardoHead
Get real, you will probably be edited for that. I posted something similar but much more mild (said China and Iran are totalitarian) and they deleted my post. One of the owners of this site must be from Tehran, ir is muslim, because they allow a lot of stuff to fly around here, but heaven forbid you speak the truth about the Iranian government.
08/14, 8:22 AM
posted by:
Piablo
RicardoHead – Try typing in the word social-ism, it will not post. I have no doubt the main moderators of this site are Marxists.
GetReal – Quite true. You forgot to mention how they teach their middle school students how “evil” western culture is. Yet, lefty whackos (oops, I mean Progressives) like Serendipitous Jerk would rather have us all be accepting of their ‘culture’ and welcome a more diverse community…
Serendipitous Jerk – So let me get this straight. Are we racists for not supporting a country who treats its people like garbage and another who wants to destroy the Zionists? I think you need to recheck your priorities buddy… It’s amazing to me, the difference between someone who feels they can effect the world, and someone who feels the world always effects them.
08/14, 11:38 AM
posted by:
jackjimturkey
Piablo: You’re on point, it seems. Nobody’s considering that one day we might be at war with china.
08/14, 2:06 PM
posted by:
Piablo
Jackjim – thanks. Your statement is very true. There’s plenty of activity behind the scenes, like blinding US sattelites with lasers, selling missles and arms to hostile countries. So I don’t find this much more different than choosing to buy bagels from a store owned by a rapist-murderer. There is an enormous difference between Toyota/Honda or even Hyundai when they began selling their cars here and China today. Japan and South Korea happen to be allies with democratic forms of government. China is far from this. This ‘feel good’ idea that we should all give up our moral philosophies and simply accept their ‘culture’ is retarded. There’s a big difference between a society that murders descenters and a society that eats bat ****. With that said, who will buy these cars? People who just gotta have it and don’t care, people who are obliviots and are simply unaware of the world, and culture humpers like Serendipitous Jerk who feel they’d be racist not to buy one.
08/14, 6:10 PM
posted by:
CTS DRIVER
never trust the people who arm your enemies.