China carmaker mulls plants in Vietnam, Bangladesh

Newswire

SHANGHAI, March 25 (Reuters) - Chinese carmaker SAIC-Chery, which signed a deal last month to set up a car plant in Iran, is in talks to expand output into Vietnam and Bangladesh, executives at the mainland company said on Tuesday. While foreign auto giants flock to set up shop in its home market, SAIC-Chery, one-fifth owned by top Chinese automaker Shanghai Automotive Industry Corp (SAIC), is pondering whether to assemble cars in other Asian countries, a senior executive said. "We're ...

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