SAIC-Chery, the Chinese auto maker one-fifth owned by Shanghai Automotive Industry Corp., may establish auto manufacturing plants in Vietnam and Bangladesh. SAIC-Chery just inked a deal last month to open a plant in Iran and says it is now in talks about expanding into other Asian countries. “We’re building a factory in Iran and as a result a lot of developing countries are approaching us for discussions,” Sun Yong, SAIC-Chery sales manager, tells Reuters. He says discussions are only in ...
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