Saturday, December 31, 2011

No Chery investment in Catalonia announced

From http://www.expansion.com/2011/12/14/catalunya/1323892444.html (in Spanish)

Despite the efforts of former Catalan president José Montilla (see http://sinalunya.com/2010/10/09/catalan-president-jose-montilla-visits-chery-company-in-china) and the hopes of the current president Artur Mas, (http://sinalunya.com/2011/04/30/chery-includes-catalonia-industrial-plans), the news arriving from China are not of the kind expected in Catalonia. Chery International Automobile Co. has announced an alliance with Israel Corporation to produce in China the cars aimed at the European market. Since 2007, both companies have been working together on the joint venture Chery Quantum Auto and in November 2011 they have presented in China the prototype of their new brand Qoros, which should be on sale in Europe by 2013. After this decision, the Catalan government is already on conversations with BMW's Chinese partnerBrilliance Auto, for its establishment in Catalonia.

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