Chinese auto maker Chery plans to build an assembly plant in Malaysia and make the facility its main hub for producing right-hand-drive vehicles. Chery Automobile Malaysia will spend RMB250 million ($70 million) on the project over the next five years. The government news agency Bernama quotes Chery Malaysia CEO Paul Ng as saying a location for the plant has been found in central Malaysia and the company is awaiting government approval. “(We) expect the first phase of the plant ...
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