Chery Automobile It is a state-owned automotive industry company in China. The company was founded in 1997 to stimulate the economy of the Wuhu region, initially a manufacturer of toys and children's games. Having encountered difficulties obtaining licenses to sell its models throughout China, the company was saved by a request from the local government (its sole shareholder at the time) to produce taxis. In 2001, the Shanghai Automotive Industry Corporation (SAIC) acquired a stake in the company, which facilitated the distribution of its production.
Chery quickly achieved a prominent position in the Chinese automotive industry. In its very first year in the sector, in 2000, the company achieved the impressive mark of 28,000 units sold in China.
Ten years after the launch of the brand's first models, it is a leader in growth and a sales champion among Chinese automakers, with a total of 360,000 cars sold in 2008.

An average depreciation of 12.73% with an average value per vehicle of R$70,089Leaving the Chery ranked 29th in the list of brands that depreciate the least in one year.