Chery to export 13,000 cars to Venezuela

Chinese independent car maker Chery Automobile Co. Ltd. will export 13,000 cars to Venezuela after signing an agreement with the country's Ministry of Commerce, the company announced on Tuesday.

The deal, signed earlier this month, is Cherry's biggest with Venezuela since it entered the Venezuelan market in May 2006.

Cherry has exported 21,400 cars to the Latin American country and assembled more than 30,000 cars in its plant there.

Chery, headquartered in Wuhu City of east China's Anhui Province, has been China's largest passenger car exporter since 2003. It exported 184,800 cars in 2012 but the number shrank to 132,600 in 2013.