One of the Chinese automobile giants also present in Turkey Cherymade a statement today and announced that it has taken its 15 millionth vehicle off the line.
In the statement made about this development, the following was stated: “Chery Group, one of the world’s leading automotive manufacturers, continues to climb the steps of success one by one with its innovative products and high quality approach. Chery Group, which rapidly increased its sales pace with its top-performing brands, reached another important milestone. On October 19, 2024, Chery branded vehicles rolled off the line simultaneously from the group’s production facilities in Egypt, Brazil, Kazakhstan and Malaysia. The group simultaneously held a ceremony to celebrate the 15 millionth vehicle at its Wuhu production base in China. The 15 millionth Chery to roll off the line at the group’s production base in Brazil was the TIGGO 8 model. The extraordinary series of successes forms the basis of Chery’s leap forward on 5 continents and, most recently, the success of selling 15 million vehicles across borders. “For the past 27 years, Chery has used global technology, standards and factories to create cars that users love around the world.”
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Speaking at the ceremony, Chery Group Chairman Yin Tongyue, “Reaching from 1 to 15 million is not only an important breakthrough in terms of the increase in product quantities or the growth of Chery, but also shows the determination to turn the impossible into possible and the possible into greater opportunities. “As Chery moves to the next 15 million, it will focus on global users, improve technology and continue globalization by providing more enjoyable, diverse and differentiated brand options, striving not only for sales growth but also for improvements in quality, structural optimization and brand value.” he said.
At the global simultaneous delivery ceremony, TIGGO 8 rolled off the line at Chery’s Brazilian production base, marking the 15 millionth production milestone. TIGGO 8 series has achieved global sales success of over 1 million units, winning the admiration of urban elites around the world. Additionally, TIGGO 8 models continue to sell in high volumes and grow stronger in markets such as Brazil, South Africa, Saudi Arabia and Ecuador.
TIGGO 8, which has continued to win the hearts of authorities and consumers since its launch in Brazil in 2020, has maintained its strong sales momentum in the country and has become an official reception tool for the Brazilian President and an important state purchasing tool. TIGGO 8 series, which stands out with its quality and performance worldwide, was selected as the “2023 Motor Enthusiasts’ Choice” in South Africa, the “Best Mid-Size SUV” in Mexico and the “Best Mid-Size Crossover” in the Philippines.
Chery’s first vehicle rolled off the line on December 18, 1999. Starting from 0 to 15 million units, Chery maintained its position as China’s largest passenger car exporter for 21 consecutive years and expanded its activities to more than 100 countries and regions. Between January and September 2024, Chery Group sold 1 million 752 thousand 793 vehicles.
This figure, which is 93 percent of total sales for 2023, also represents an annual increase of 39.9 percent. Exports reached 829 thousand 353 units, with an increase of 24.5 percent compared to the previous year. Thus, Chery became the only automotive company that achieved growth in both domestic and international markets. The brand has reached 15 million global users, a testament not only to the quality of Chery products but also to the success of its international strategy.
Adhering to a “two-pronged” approach in both local and international markets, Chery achieved dual growth with exports accounting for approximately 50 percent of total sales and increased its competitiveness in the global arena. Chery also showed strong growth momentum in internal combustion and new energy vehicles.
The brand, whose fossil fuel vehicle sales increased by 24.9 percent on an annual basis, maintained its leading position in the internal combustion vehicle market. Meanwhile, new energy models also recorded a significant growth of 186 percent on an annual basis, emphasizing Chery’s strength in the new energy field and its forward-looking strategy. “These impressive data undoubtedly lay a solid foundation for Chery’s future development.”