BOLOGNA, Italy -- Chery Automobile, China’s largest independent automaker, will rely on Italy’s DR Motor for its first Europewide car launch. Chery will supply the importer and distributor with a minicar next year.
LC
By:
Luca Ciferri
December 08, 2008 05:00 AM
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Tariffs already hurting vehicle affordability as more price hikes loom
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.
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