Chery Automobile Co Ltd officially launched its much anticipated A3 car at Shanghai International Automobile City this afternoon. The automaker revealed that the B00 segment A3 will be priced at 81,800 yuan ($11,990) to 89,800 yuan.

Chery, one of the top-selling Chinese auto brands, has increased its overseas sales to 40% of its total sales this year and tries to achieve half of its total sales abroad by 2010 , Beijing Business News reported yesterday.

Chery Faira NN, one of the five Faira family cars showcased at the 2008 Beijing Auto Show in April by Chery, has its launch into the market delayed to 2009, said Chery Automobile spokesman Jin Yibo yesterday, Beijing Times reported.

Last week, Chery Auto announced its official move to mark down almost all the models of its QQ3 series, said xinhuanet.com today. After the price cuts, the Chery QQ3 series will have each model sold at a price between 30,800 yuan ($4,510) and 52,800 yuan.

Shanghai. January 8 (Gasgoo.com) - Chery Automobile has developed a new 0.8 litre turbocharged engine, which makes Chery the first Chinese automaker to develop a low emission engine with turbo-charging technology, Chinese media reported today.

Shanghai. January 3 (Gasgoo.com) – Chery Automobile will definitely establish partnership with Italian automaker Fiat Group to build a passenger vehicle joint venture in China in 2008, an official from Chery Automobile confirmed recently.

Shanghai. December 25 (Gasgoo.com) - Chinese automaker Chery has started to test its A6cc sport coupe on road driving. The model was first unveiled at Shanghai Auto Show in past April, Chinese auto website Cheshi.com reported today.

Shanghai. November 15 (Gasgoo.com) - By 2010 half of Chery-made vehicles will be hybrid and 20 percent of Chery-made vehicles will be powered by new energy, an official from Chery said at an international forum on renewable energy held in Beijing, China's Securities Journal reported today.