Chery sa temperature controller ys no cooperation deal with Jianghuai yet

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Chery sa temperature controller ys no cooperation deal with Jianghuai yet
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Chery says no cooperation deal with Jianghuai yetPublished: 21 May 2009 22:05:05 PST

Shanghai, May 22 (Gasgoo.com) Following Guangzhou Automobile’s merger with Hunan Changfeng Motor Co on Thursday, Chery Automobile Co and Anhui Jianghuai Automobile Co may become the next couple of companies to form a similar alliance in response to government’s call for creating competitive automobile giants, the NanFang Daily reports.

Starting Thursday, Chery and Jianghuai jointly started a road show in China’s western areas, including Chengdu, Guiyang and Tibet, to promote brand sales in the region. But Chery spokesman Jin Yibo said the show is simply a marketing programme, which does not mean any cooperation or merger plan between the two companies has been started.

The government in eastern China’s Anhui province issued guidelines early this month supporting alliances and mergers of its automakers, which include Chery and Jianghuai. Jin said despite the guideline, the sides haven’t made any progress on possible mergers.

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