Thai conglomerate Charoen Pokphand Group is preparing to import the Chinese budget brand Chery car – assembled by Chery Automobile Co. Ltd. in Indonesia – for sale in Thailand. CP Group Vice Chairman Thanakorn Seriburi is quoted in local media reports as saying the compact cars will be available by year’s end and will be sold for 320,000-400,000 baht ($9,904-$12,380) for models with 1.1L engines. Thanakorn says the cars will qualify for preferential taxes as low as 5% under the ...

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