Chery to Export Three Models to Australia

Ateco is sole importer

Ateco, the exclusive importer of Ferrari, Maserati, Alfa Romeo, Fiat and Citroen cars in Australia and New Zealand is expanding its line-up with Chinese car maker Chery. The deal has been three years in the making, with a Memorandum of Understanding (MoU) signed in November 2005.

Ateco hopes to start selling three Chery models by early 2009, namely a light passenger car, a small passenger car and a small SUV. Chery in turn is planning to unveil four models later this year and 38 new models over the next 5 years.

Last year Chery sold 261,000 units in China and exported another 120,000 units. Chery started producing cars back in 1999, in August 2007 they built their millionth car. Chery has a production capacity of 650,000 units and plans to lift that number up to 1 million annually.

“We believe that China represents the future as a source of automotive products which makes this association with Chery a very exciting development for Ateco,” Mr Neville Crichton, Ateco Governing Director, said.