Another Chinese Car Brand on the Hungarian Market

Chery Automobile of China signed an agreement with Grand Automotive for the representation of the Chery car brand in Hungary, the Hungarian company told MTI.

According to the statement, sales are expected to start in late summer or early autumn with two SUV models, which will be available in conventional petrol and plug-in hybrid (PHEV) versions. These will be followed shortly by two more models, also with plug-in hybrid powertrains.

In response to a question from MTI, the importer said that the dealer network has been set up and nationwide coverage is being considered.

Chery Automobile is China's fourth-largest automaker and a major passenger car exporter with a multi-brand presence in more than 110 countries and regions. It is growing dynamically, with more than 10 manufacturing plants and plans to establish additional plants, particularly in Europe and Southeast Asia, according to the announcement.

In 2024, the group sold 2.68 million vehicles worldwide, an increase of 38.4% compared to the previous year. Of this, the Chery brand alone accounted for 1.36 million units.

Grand Automotive started operations in Hungary in 2019 as a member of the Israeli Taavura Group, and currently has four European centers. Grand Automotive Central Europe, based in Budapest, and Grand Automotive East are together responsible for the import activities of five car brands in 13 countries.