Industry / China
Chinese Cars Make Latin American Impact
May 2008 | Industry NewsChina's Chery has shipped the first batch of vehicles to Argentina from its joint venture with Oferol of Uruguay and Argentina's Socma. Chery has a majority stake in Chery-Socma Uruguay, which began producing vehicles at the Uruguayan plant in 2007 with a staff of 130 people. The plant has an annual production capacity of 25,000 units, although a network of dealers has yet to be finalised.
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