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  #1 (permalink)  
Old 19th April 2007, 07:07 AM
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$4000 Car - you can buy sell a domain and get yourself a car!



I went to see it in a showroom a few weekends ago. The manual version is fine, but the auto system is weird.

The car costs $4000 in China for the no frills version, but ends up at $21,000 after taxes in Singapore.


The amazing thing is this company started making its own cars only in 2001. To trust or not to trust?

Chery sales history

* 2000: ~2,000
* 2001: ~28,000
* 2002: ~50,000
* 2003: ~90,000 (8th in China)
* 2004: ~86,000 (10th in China)
* 2005: ~188,000 (5th in China)
* 2006: ~305,000 (3rd in China)
* 2007: ~392,000+ (Estimated)


My thoughts - at the rate of progress, give it another 5 years, and it will be equal to a Hyundai.

Last edited by touchring; 19th April 2007 at 07:17 AM..
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Old 19th April 2007, 07:19 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by touchring


I went to see it in a showroom a few weekends ago. The manual version is fine, but the auto system is weird.

The car costs $4000 in China for the no frills version, but ends up at $21,000 after taxes in Singapore.


The amazing thing is this company started making its own cars only in 2001. To trust or not to trust?

Chery sales history

* 2000: ~2,000
* 2001: ~28,000
* 2002: ~50,000
* 2003: ~90,000 (8th in China)
* 2004: ~86,000 (10th in China)
* 2005: ~188,000 (5th in China)
* 2006: ~305,000 (3rd in China)
* 2007: ~392,000+ (Estimated)

Did you see that article about Chery from the chinanews.cn site after I posted the link about most small business not having computers? I read the article there about Chery, how chinese are not buying 30k USD cars as hoped, and how one american man is now starting to import these to the USA.

BTW, gotta love a car-tax hell like singapore. Finland is right behind...buy a new car in Germany for 35k, and pay another 60k import tax, even though both countries are in the EU (Finland gets away with it by calling it "road use" tax, but it is linked directly to the value of the vehicle and not how much wear it causes on the road).

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Old 19th April 2007, 07:25 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

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Originally Posted by jacksonm
Heh, did you find that from the chinanews.cn site after I posted the link about most small business not having computers? :-) I read the article there about Chery, how chinese are not buying 30k USD cars as hoped, and how one american man is now starting to import these to the USA.

BTW, gotta love a car-tax hell like singapore. Finland is right behind...

.

Nope, i've been looking at a Chery since they started selling early this year.

The taxes used to be more a few years ago, a Lancer can cost $70k in the past.
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Old 19th April 2007, 07:25 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

looks to me like somesort of Maccie D's Happy Meal toy

did they ask you if you wanted fries with it?
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Old 19th April 2007, 07:25 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Chery Automobile
From Wikipedia, the free encyclopedia

"Chery" redirects here. For similar words, see Cherry (disambiguation) or Cherie (disambiguation).
Chery Automobile (in Chinese: 奇瑞汽车; English pronunciation: [ˈʃɛɹiː]) is an automobile manufacturer in China. In Pinyin it is "Qirui" and its English transliteration should have been "Cheery" but there was a mistake in the transliteration process and it was decided by the company to not correct the error.[citation needed] It is owned by the local government of Wuhu (but is scheduled to be privatized), and sold about 305,000 vehicles in 2006. It is the largest independent Chinese auto manufacturer and one of the fastest growing automakers in the world.
[edit] History

[edit] Early years
This article or section does not adequately cite its references or sources.
Please help improve this article by adding citations to reliable sources. (help, get involved!)
Any material not supported by sources may be challenged and removed at any time. This article has been tagged since April 2007.
Chery was founded in 1997 to prop up the economy of Wuhu, a region of China that has received little industrial development. Its first factory used machines and engine technology purchased from Ford Europe for US$25 million. It began auto production in 1999 using a licenced chassis from SEAT's Toledo. The company was an illegitimate company under Chinese law of the time and had to be registered as a "Car Parts Supplier." Thus, the company was not able to obtain a license to sell their cars in all of China. In 2001, Shanghai Automotive Industry Corporation (SAIC) bought a 20% stake in the company, allowing Chery to use SAIC's national retail sales license. In 2001, Chery began exporting its cars to Syria, becoming China's first car exporter. Chery also received its ISO-9001 certification. In September 2002, Chery received its ISO/TS 16949 certification, the highest certification at the time.


[edit] 2003 to present
In 2003, Chery founded a research and development organization, and began working with foreign consultant firms to improve its technology and quality. In its relentless pursuit of quality, Chery hired a Japanese engineer from Mitsubishi to head Chery's Lean/Six Sigma production systems, which were first applied to their cars in 2003. They adopted DURR Paint Systems in their paint shop in 2004, becoming one of only 5 factories in the world to have this advanced paint system. SAIC sold its stake back to Chery in 2004 due to rising tension between Chery and its other partners General Motors and Volkswagen

In 2005, Chery was upgraded to ISO/TS 16949:2002 production quality, the highest and strictest quality control system in the global auto industry. They also began working with Malcolm Bricklin's company, Visionary Vehicles, hoping to be one of the first Chinese automobiles sold in the United States. The plan was to import five new car lines. Bricklin planned to have 250 dealers in the United States selling 250,000 cars a year by 2007. However, after 2 delays and various disagreements over finances and car design, the deal broke down. Instead, Chery is pursuing its own export plans and is designing a large array of cars for the American and European market and Chinese market. Aesthetic design is being aided by Bertone and Pininfarina of Italy known for their designs for Ferrari and Lamborghini. AVL of Austria is also working with Chery to produce 18 engines, including a turbodiesel, for the new line of cars. The new engine brand, called ACTECO, meets Euro IV emissions standards and uses advanced technologies such as aluminium alloy cylinder blocks/heads and direct fuel injection. Bosch is helping Chery to design modern transmissions. Lotus Engineering (known for their racing car chassis expertise) is aiding Chery in car design and quality. Ricardo Consulting Engineers is also devolping a hybrid powertrain for Chery. For use on China's first hybrid vehicle. The vehicles will not use the Chery name in the United States as General Motors felt it was too close to the nickname Chevy, derived from its wholly owned subsidiary Chevrolet.


[edit] Auto Piracy and Chery
Chery gained international notoriety over well-publicized piracy of foreign automobiles, namely General Motor's Korean subsidiary GM Daewoo Auto & Technology's Daewoo Matiz(sold as Chery QQ) city car and Daewoo Magnus(sold as Chery Eastar) mid-size sedan. Chery attempted to negotiate a local Chinese production licenses of those vehicles with bankrupt Daewoo Motors prior to General Motor's purchase of the bankrupt automaker's assets in 2002, but the negotiations were never closed. Nevertheless, Chery proceeded with the production of these former Daewoo vehicles without a formal license, triggering General Motors to sue Chery for auto piracy in December 2004 citing "extreme similarities". GM Daewoo claimed their investigation results showed the Chery QQ shared a remarkably identical body structure, exterior design, interior design and key components. "Chery even used a camouflaged Matiz car to pass auto tests to acquire authorization from the government over production and sales of QQ." With GM's inability to seek justice in Chinese court and the pressure from Chinese communist party, GM opted to drop its case in November 2005 to preserve its business interests in China. However, GM reserves rights to sue Chery again if it attempts to bring the vehicles in question to European and North American markets. The affected vehicles are three Matiz clone and derivatives(QQ3, QQ6 and A1) and Magnus clone and derivatives(Eastar, V4, B12, and B22). The IP rights issue has become such a concern that DCX is rumored to have contacted GM for possible licensing of GM Daewoo vehicle IP on the behalf of Chery after it signed a 25-year cooperation and exclusive distribution agreement with Chery in early 2007.


[edit] Production facilities
Chery produces most of its cars in China. In 2003, Chery built a plant in Iran, China's first foreign car plant, and at the Modiran Vehicle Manufacturing Company saw its QQ put into production in 2005. Also in 2005, another Chery plant became operational in Russia. Chery is planning to begin production in Malaysia in late 2006 and saw its cars being built at the former Daewoo Motor Egypt plant at Maddi, Cairo under the Speranza brand name. Chery has signed an agreement with Mauricio Macri-owned company Socma to form Chery Mercosur, a joint-venture which will produce the QQ and Tiggo in Montevideo, Uruguay from 2007 onwards. [1] After selling 1 million cars in the US, Chery intends to build a facility there as well.


[edit] Chery sales history
2000: ~2,000
2001: ~28,000
2002: ~50,000
2003: ~90,000 (8th in China)
2004: ~86,000 (10th in China)
2005: ~188,000 (5th in China)
2006: ~305,000 (3rd in China)
2007: ~392,000+ (Estimated)

[edit] Models

[edit] Out of production
2000–2006 Fulwin/Windcloud (风云) (codename A11) — 1.6L sedan

[edit] In production
2003– QQ3 (codename S11) — 0.8L & 1.1L city car
2003– Cowin/Flagcloud (旗云) (codename A15) — 1.6L sedan
2003– Oriental Son/Eastar (东方之子) (codename B11) — mid-size sedan
2005– Tiggo (瑞虎) (codename T11) — 1.6L & 2.0L & 2.4L compact SUV
2006– A5 (codename A21) — 1.6L & 2.0L sedan
2006– V5 (codename B14) — 2.0L & 2.4L minivan
2006- QQ6 (codename S21) — 1.1L & 1.3L city car
2006- Karry a small panel van.

[edit] Upcoming models
2006- codename A18
2006- codename S22
2007- codename S12
2007- codename T15
2007- codename B12
2007- codename S16
2007- codename B13
2008- codename M14
2008- codename P12
2008- codename F11
2008- codename B22
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Old 19th April 2007, 07:27 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by Alphamale
looks to me like somesort of Maccie D's Happy Meal toy

did they ask you if you wanted fries with it?

That picture which i took from wikipedia does not do good justice to the car - the exterior is no different from any car - same polished finishing with curves.

The interior for the leather seat version looks about the same as a Toyota Vios. At least the one i saw at the showroom.
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Old 19th April 2007, 07:33 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by touchring
That picture which i took from wikipedia does not do good justice to the car - the exterior is no different from any car - same polished finishing with curves.

The interior for the leather seat version looks about the same as a Toyota Vios. At least the one i saw at the showroom.
i imagined you would be driving a hummer.




that car looks like something my Nan would buy, but only because the colour matched her hair.
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Old 19th April 2007, 07:40 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by Alphamale
i imagined you would be driving a hummer.

that car looks like something my Nan would buy, but only because the colour matched her hair.

This is what I'm gonna be driving after I sell some of my .jp



The colour even matches my hair, what's left of it.

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Old 19th April 2007, 07:44 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by jacksonm
This is what I'm gonna be driving after I sell some of my .jp
yeah you came in late to the game, that figures.

Theres only 1 proper car out there and it's a Bugatti Veyron.
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Old 19th April 2007, 07:48 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by Alphamale
yeah you came in late to the game, that figures.

Theres only 1 proper car out there and it's a Bugatti Veyron.
Oops!



http://news.bbc.co.uk/1/hi/england/surrey/6422215.stm

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Old 19th April 2007, 07:55 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by jacksonm
LOL. yeah, i rememmber that. That was only a few miles from me, and i remember the story in the paper - the guy lent it to his brother he then smashed it up 20 minutes later. There was a great photo showing the 2 brothers at the crash scene, both with their heads in their hands.
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Old 19th April 2007, 08:21 AM
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Re: $4000 Car - you can buy sell a domain and get yourself a car!

Quote:
Originally Posted by Alphamale
LOL. yeah, i rememmber that. That was only a few miles from me, and i remember the story in the paper - the guy lent it to his brother he then smashed it up 20 minutes later. There was a great photo showing the 2 brothers at the crash scene, both with their heads in their hands.

Will it really do 407km/h?

http://www.dailymotion.com/video/x15...n-at-top-speed

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