Chery Automobile

Chery Automobile Co Ltd (simplified Chinese: 奇瑞汽车股份有限公司; traditional Chinese: 奇瑞汽車股份有限公司; pinyin: Qíruì Qìchē, English pronunciation: /ˈʃɛri/) is a state-owned automobile manufacturer in the People's Republic of China. It has been the seventh-largest China-based automaker measured by unit production for at least two years running. Founded as a state-owned enterprise in 1997, auto production commenced in 1999 using a chassis licensed from Volkswagen's SEAT Toledo. Early production may have been technically illegal, as the company was only awarded a passenger car production license in 2003; until that year it may have piggybacked on a SAIC Group license. In 2009 Chery produced 508,500 units, although by that time it probably had a...