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Cowin 2 hits Russia, Ukraine
September 19, 2011, Monday
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Print Edition
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CHERY Automobile Co said the first Ukraine-made Cowin sedans have rolled off the assembly lines and hit the Russian and Ukraine markets early this month. The Cowin 2 sedan is manufactured through semi knocked-down parts with a 51 percent local content.
The Chinese car maker said production in Ukraine would significantly boost its sales in the Commonwealth of Independent States as models enjoy zero-tariffs when sold in those markets. Chery has been making models in Ukraine since 2006 and accumulated sales have hit 70,000 units.
The Chinese car maker said production in Ukraine would significantly boost its sales in the Commonwealth of Independent States as models enjoy zero-tariffs when sold in those markets. Chery has been making models in Ukraine since 2006 and accumulated sales have hit 70,000 units.
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