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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4093)	1/7/2005 5:09:56 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Six China-made Chery models to hit Malaysian roads this year KUALA LUMPUR : Six models of China's Chery cars will hit Malaysian roads in 2005, local distributor Alado Corp. said in an interview. Alado will launch a roadshow for the Chery A15 1.6 litre sedan and T11 sports utility vehicle on January 19 and has appointed 50 dealers nationwide to market the vehicles, executive chairman Soh Thiam Hong was quoted as saying by The Star newspaper. "We will also bring in the Chery A21 sedan, B14 multi-purpose vehicle, S12 mini-car and the P11 sports utility truck by the end of the year," he said. Soh said Alado had shelved plans to launch the Chery QQ compact car amid an ongoing spat over intellectual property rights with General Motors. GM has claimed that Chery had infringed intellectual property rights with its car which is similar to its own Spark model. Alado had revised downwards its sales target to 15,000 Chery cars in 2005, from 20,000 previously, he said. Besides Chery cars, Soh said the company planned to introduce light commercial vehicles, mini-cars and multi-purpose vehicles made by two other Chinese carmakers in the second half of this year, but gave no details. Chery Automotive had chosen Malaysia as its regional distribution hub from where its cars would be sold throughout the Association of Southeast Asian Nations (ASEAN) Free Trade Area (AFTA), the company said. China looks set to become a major vehicle manufacturer but some analysts said it will be forced to export more cars in the coming years as massive investment in the industry sparked fears that capacity will eventually exceed domestic demand by a large margin. - AFP channelnewsasia.com