The Chinese state-owned automotive group Chery Automobile plans to invest $35.2 million in the development of an R&D center which will help the manufacturer achieve its 700,000 units sales target set for 2010.
Chery has decided to achieve this ambitious goal by introducing 17 new models in 2010 through its 4 brands. The most important cars to come to the market during the current year are the M14 coupe, Riich G3, Riich G6, Reely X3 and Reely X5. For example, the upcoming Riich G3 will be a c… (read more)