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CHERY AUTO Hopes to Dabble into US Mkt at Appropriate Time
2026-05-20 13:57:16 CHERY AUTO (09973.HK) is weighing to make a foray into the US market at an appropriate time, but has not provided a specific timetable, said Zhang Guibing, Executive Vice President and General Manager of the International Business Division of the Company. Prior to this, US President Donald Trump stated that if Chinese automakers manufacture vehicles in the US, he may adopt an open attitude toward Chinese carmakers. However, US auto industry lobbying groups and lawmakers urged Trump not to open the door to Chinese automobiles. Zhang said the company definitely hopes to dabble into the US auto market, as it is enormous. However, any move will depend on the company's own level of preparedness as well as auto industry policies between China and the US. ~ AASTOCKS Financial News Website: www.aastocks.com | |