Chery reports 17% rise in first-half deliveries
Chinese carmaker Chery posted a 17 percent rise in vehicle sales in the first half, state media reported, defying a sales slump that is hobbling many of its rivals in the world's largest auto market.
Chery sold 252,439 vehicles in the first half and exported 50,130 passenger vehicles, the official Xinhua news agency said.
Chery's performance contrasts with that of competitors ranging from Nissan Motor Co. to BMW AG, who are weighing measures to cope with falling demand in China, where a weakening economy and stock market crash have dampened car sales.
Audi AG's sales chief warned last week the Chinese market will be a "bumpy road" for the next several months.
Jin Yibo, deputy general manager of Chery's sales company, attributed the company's strong sales to improvements in product quality and marketing, Xinhua said.
China's total car sales rose 1.4 percent in the first half, according to Xinhua, citing the China Association of Automobile Manufacturers.
Chery's performance contrasts with that of competitors ranging from Nissan Motor Co. to BMW AG, who are weighing measures to cope with falling demand in China, where a weakening economy and stock market crash have dampened car sales.
Audi AG's sales chief warned last week the Chinese market will be a "bumpy road" for the next several months.
Jin Yibo, deputy general manager of Chery's sales company, attributed the company's strong sales to improvements in product quality and marketing, Xinhua said.
China's total car sales rose 1.4 percent in the first half, according to Xinhua, citing the China Association of Automobile Manufacturers.
