Looking ahead, China's automotive landscape is becoming increasingly dominated by international brands such as Volkswagen, General Motors, Ford, and Toyota. Indeed, in the context of globalization, if you're looking for a car, what Chinese consumers want today are international brands. Yet, among these foreign names, there are also vehicles made by Chinese companies. We once amazed the world with papermaking, ceramics, and embroidery—so why can't we now build our own car brands and share them with the world? Among the few domestic automakers with independent intellectual property, who will take on the challenge of putting Chinese cars on the global map?
Perhaps the answer lies with Chery, Hafei, GEELY, and other national auto companies. These firms have faced intense competition from foreign capital and technical barriers, yet they continue to push forward with brand autonomy and independence. There may not be grand displays of celebration or traditional performances, but there is a strong focus on technological innovation.
Recently, at a media event for the Chery QQ-Ezdrive in Caobao Road, the company showcased its technological strength, proving that national brands don’t mean inferior products, nor does low price equate to low technology. In just three years, Chery rose to become a key player in the domestic auto industry due to its market positioning and the rapid growth of China’s auto consumption.
However, the slowdown in 2004 and the rise of competitors brought challenges, including the pain of self-developed technology, the cost of low-cost strategies, management issues, and market erosion. Despite this, Chery continues to grow, and this period may represent its most promising phase yet. The company is currently undergoing a transformation—from a production-oriented enterprise to a marketing-focused one.
Recently, the Chery QQ-Ezdrive faced tough competition, even being outperformed by a "1 yuan" competitor. Its marketing network has shrunk from 18 offices to just 7 regional centers. This shift suggests a new business model aimed at improving efficiency and competitiveness.
Chery's strategy now includes expanding into overseas markets, especially in the Third World, while maintaining a solid presence in the domestic market. Recent efforts in Egypt, where Chery successfully promoted its Fengyun and QQ models, mark the beginning of its international expansion. Plans include building assembly plants in countries like Pakistan, Egypt, and Venezuela, as well as exploring opportunities in Eastern Europe.
Chery emphasizes quality over speed, stating that it won’t rush into new markets until its products are ready. This cautious approach reflects a long-term vision rather than short-term gains.
As the market becomes more competitive, Chery is streamlining operations and focusing on talent development. It is optimizing its workforce and planning to establish R&D branches in Beijing, Shanghai, and even in the U.S. and Europe to attract top talent.
In the near future, Chery plans to expand its marketing efforts and strengthen its presence in key regions like Shanghai. With strategic hires and focused initiatives, the company aims to maintain its edge in an ever-changing industry.
Looking ahead, 2005 could be a pivotal year for Chery. With new models set to launch and a renewed focus on innovation and efficiency, the road ahead remains challenging but full of potential. We hope for continued growth and success as Chery strives to make its mark on the global stage.
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Zhejiang hizzi automobile limited company , https://www.hizziauto.com