Puffer_fish Clutched August 6, 2007 Share August 6, 2007 Chinese automaker Chery to supply engines to Italy's Fiat BEIJING - FIAT Group has announced it will buy engines from China's Chery Automobile Co, expanding the ambitious Chinese automaker's foreign ties just a month after it signed a deal with Chrysler to export cars to the United States. The agreement comes as global automakers look to China as a low-cost production base for export and the country's own small but fast-growing competitors try to expand sales abroad. Chery, China's biggest domestic automaker, will supply 100,000 1.6 and 1.8-litre engines a year for use in cars manufactured by Fiat in China and abroad, the two companies said in a joint statement. 'The agreement will give Chery increased competitiveness on the international market,' Yin Tongyao, president of 10-year-old Chery, said in the statement. Chery and Fiat Group, a subsidiary of Italy's Fiat SpA, are looking at 'further cooperation,' Fiat Group CEO Sergio Marchionne said. Chery, based in the eastern city of Wuhu, signed a deal with Chrysler LLC in July on a low-cost production venture to export cars to the United States. Chrysler CEO Tom LaSorda said the two companies would jointly develop future models. China overtook Japan last year to become the world's No. 2 vehicle market after the United States. Its automakers exported 325,000 vehicles last year, about 80 per cent of them low-priced trucks and buses for other developing markets in Asia, Africa and Latin America, according to the government. Chinese producers are eager to expand to US and European markets, but industry analysts say they lack the technology to meet environmental and safety standards on their own. More are expected to make deals like Chery's in hopes that foreign partners will improve their skills. 'The agreement means that Fiat, who had been testing Chery's engines during the past year, have recognized the technologies and quality of the engines developed by Chery,' said Chery's Deputy General Manager Zhou Biren. Last year, Chery reported sales of about 310,000 cars, with 40,000 of those exported. Its target this year is 390,000 cars, with 70,000 sold abroad. The company assembles vehicles with partners in Iran, Malaysia, Russia, Ukraine, Brazil and Egypt. It announced plans in March to open its first Latin American factory in Uruguay with an Argentine partner. -- AP ↡ Advertisement Link to post Share on other sites More sharing options...
Ares Neutral Newbie August 6, 2007 Share August 6, 2007 Is Chery making Fiat designed engines or Fiat just buying engines designed and made by Chery? Link to post Share on other sites More sharing options...
Puffer_fish Clutched August 6, 2007 Author Share August 6, 2007 it going to be fiat body, cherry engine and will be call fiat's cherry Link to post Share on other sites More sharing options...
DarkLord 1st Gear August 6, 2007 Share August 6, 2007 What a "winning" combination! Link to post Share on other sites More sharing options...
Tarzan666 2nd Gear August 6, 2007 Share August 6, 2007 wow..im impressed...chery engine must be very good.. Link to post Share on other sites More sharing options...
Vit4wd 1st Gear August 6, 2007 Share August 6, 2007 (edited) There is a reason why FIAT is : Failure In Automotove Technology Edited August 6, 2007 by Vit4wd Link to post Share on other sites More sharing options...
Normal_aspirated Clutched August 6, 2007 Share August 6, 2007 tats China way to do business........build and assemble cars juz fer China market, same as VW, BMW, Merc, etc............no big deal. nuthing to worry about. Even japs got parts from China to cut cost. Chery engines in Fiat branded designed chassis for China market only, most likely........soon this particular model will find its way to SG as CHERY brand & not Fiat. Link to post Share on other sites More sharing options...
Puffer_fish Clutched August 6, 2007 Author Share August 6, 2007 (edited) it stated in the straits time that engine would be for china and export models from 1.4 to 1.8 litre engine. that means if you buy fiat with engine base on the capacity you be getting a cherry engine, but if you buy above 2 litre then it different but if you think about it, from the spec, cherry engine is 4.8 litre per 100km not bad but after you add in body and driver then........???????? no point, fiat buying engine design by cherry and fit into fiat. build quality will be like cherry standard. BMW,VW,MERC they use their own engine design and build to spec . Edited August 6, 2007 by Puffer_fish Link to post Share on other sites More sharing options...
Hicksau Neutral Newbie August 6, 2007 Share August 6, 2007 (edited) wouldn't be to chery standard .. must be to fiat standard instead.. if u consumer , u wanna vendor compromise on you? infact , most car makes already done such .. only a question of the whole engine or bulk of it.. but other car makes not makin it heard loud in public.. give u a hint .. most of boeing and airbus' components also not from europe or states.. Edited August 6, 2007 by Hicksau Link to post Share on other sites More sharing options...
Friendstar Supercharged August 6, 2007 Share August 6, 2007 at least, dont let us know LOL Link to post Share on other sites More sharing options...
Nkps 1st Gear August 6, 2007 Share August 6, 2007 (edited) wow..im impressed...chery engine must be very good.. thanks to our KUKU driver lor.... the car so good... fiat boss read the thread liao decide to use chery engine... and their ABS system Edited August 6, 2007 by Nkps Link to post Share on other sites More sharing options...
Hicksau Neutral Newbie August 6, 2007 Share August 6, 2007 wanna let u know ? Link to post Share on other sites More sharing options...
Hicksau Neutral Newbie August 6, 2007 Share August 6, 2007 plus "E" button also ?? ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Singtel line down?
Singtel line down?
Mercedes Benz's Engine Downsizing Strategy
Mercedes Benz's Engine Downsizing Strategy
Wads the fine for parking opposite continuos white line?
Wads the fine for parking opposite continuos white line?
Kia Cerato GT Line Owners Check In
Kia Cerato GT Line Owners Check In
Come on in if you are into cheap engine oils...
Come on in if you are into cheap engine oils...
The FIAT 500 is back in Singapore 2021!
The FIAT 500 is back in Singapore 2021!
Cross Island Line to take direct route across sgp
Cross Island Line to take direct route across sgp
New Thomson Line MRT
New Thomson Line MRT