In Esipovo, near Moscow, the Chery consortium’s premium cars, Exeed, will begin assembly at the former Mercedes plant in July.

Chery premium cars will be assembled at the former Mercedes plant in Russia
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Serial assembly of the Exeed, starting with the VX model, will begin in July at the Avtodom facilities, and dealers will receive the first batch in August, Kommersant writes, citing sources.

This is a contract assembly project. It is assumed that Avtodom will be able to receive a reward for each assembled car. The amount will range between 450 and 500 euros per vehicle kit, clarifies one of the publication’s interlocutors. The second model will enter the production line in February 2025.

According to Autostat, the most popular premium brand in Russia is Exeed. In May, dealers sold almost 3.9 thousand of these vehicles; Autostat estimated the volume of the entire premium class last month at 11 thousand vehicles.

Author:

Karina Pardaeva

Source: RB

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