SHANGHAI: Chinese carmaker SAIC-Chery, which signed a deal last month to set up a plant in Iran, is in talks to expand output into Vietnam and Bangladesh as well.
While foreign motor vehicle giants flock to set up shop in its home market, SAIC-Chery, one-fifth owned by top Chinese carmaker Shanghai Automotive Industry Corp (SAIC), is pondering whether to assemble its vehicles in other Asian countries, according to a senior company executive. – Reuters
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