CHERY Automobile's Omoda outsold Tesla, Jeep and Fiat in Spain last month, a promising sign for the Chinese carmaker's ambitious push into Europe, reports Caixin.
Omoda sold 744 new cars in Spain in August, an 8,100 per cent increase over the nine cars registered in the same month last year, according to Spain's motor organisation, Anfac.
Its models include the EUR28,000 (US$30,900) Omoda 5, a combustion-engine sport utility vehicle that has a pricier electric sibling.
The Omoda sales came after its official launch in Spain earlier this year. Chery, BYD and Geely Automobile Holdings are among the Chinese carmakers expanding into Europe to escape a bruising price war at home.
They are arriving just as European Union tariffs on electric cars (EVs) imported from China amplify the impact of a broader slowdown in EV sales.
Chery is using Spain as a base. By the end of this year, the company hopes to start production of electric Omoda SUVs at a former Nissan Motor factory near Barcelona's cargo port, a move that should help it avoid the EU duties. It is also scouting sites for a second European location.
SeaNews Turkey
Omoda sold 744 new cars in Spain in August, an 8,100 per cent increase over the nine cars registered in the same month last year, according to Spain's motor organisation, Anfac.
Its models include the EUR28,000 (US$30,900) Omoda 5, a combustion-engine sport utility vehicle that has a pricier electric sibling.
The Omoda sales came after its official launch in Spain earlier this year. Chery, BYD and Geely Automobile Holdings are among the Chinese carmakers expanding into Europe to escape a bruising price war at home.
They are arriving just as European Union tariffs on electric cars (EVs) imported from China amplify the impact of a broader slowdown in EV sales.
Chery is using Spain as a base. By the end of this year, the company hopes to start production of electric Omoda SUVs at a former Nissan Motor factory near Barcelona's cargo port, a move that should help it avoid the EU duties. It is also scouting sites for a second European location.
SeaNews Turkey
