China’s Jetour to launch vehicle sales in some European markets in Q3

 

SHANGHAI (Reuters) – Jetour, a Chinese sport-utility vehicle manufacturer owned by Chery Holding Group, plans to launch in some European markets in the third quarter, an executive said on Wednesday.

Jetour expects overseas sales to account for about 50% of its total sales within three to five years, up from the current 35%, Ke Chuandeng, Jetour’s brand president, told Reuters on the sidelines of the Shanghai auto show.

(Reporting by Nick Carey; Editing by Jamie Freed)

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