(MENAFN) A top official said that Venezuela hopes Chinese automaker Chery will expand its plants in the South American country and boost production to meet Venezuela's demand, QNA reported.
Official figures showed that about 7,000 of those cars were sold through the government program by June. Chery currently has two assembly plants in Venezuela, with a capacity to produce up to 30,000 cars a year.
"The expansion of assembly plants throughout the country... to satisfy our country's demand for vehicles," Venezuelan Minister of Industries said in a statement.
The brand is highly popular in Venezuela thanks to its affordable price and good quality. Other Chinese auto brands, such as Dongfeng and Haima, are also doing well in the Venezuelan automotive market.
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