An Iranian carmaker has struck a deal with Chery, the largest independent car company in China, to assemble 6,000 vehicles in 2009. The announcement was made by Seyyed Hossein Ahmadi, head of the Industries and Mines Department of Khorasan Razavi province, at an auto fair in the capital city Mashhad. Sanabad Khorasan Khodro, an affiliate of Iran Khodro -- the Middle East's largest carmaker -- will begin assembly of the vehicles in January 2009 in the northeastern Khorasan Razavi province, and will use Chinese technology.
Gelly Automobile announced it’s plan to build a new faktory in Mexico, to supply both South and North American markets. Chinese company will invest up to $270 million to build a factory in León, the capital of Guanajuato state in central Mexico. Geely believes Mexico will provide a stepping-stone to achieve its ultimate ambition: conquering the U.S. market.
The first batch of Lifan 520 cars have rolled off the production line in Kerman Motor Co in Iran, according to sources of Chongqing Lifan Industry (Group), a large private enterprise centering on the technology development, manufacture and sales of vehicles and motorcycles in China.