Speranza Chery
Encyclopedia
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Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
ian auto manufacturer based in Maadi
Maadi
Maadi is a wealthy suburb south of Cairo, Egypt. The town is home to the Supreme Constitutional Court of Egypt, Cairo American College , Lycée Français du Caire , Misr American College , Maadi British International School , the Cairo Rugby Club, and the national Egyptian Geological Museum.-...
, Cairo
Cairo
Cairo , is the capital of Egypt and the largest city in the Arab world and Africa, and the 16th largest metropolitan area in the world. Nicknamed "The City of a Thousand Minarets" for its preponderance of Islamic architecture, Cairo has long been a centre of the region's political and cultural life...
. It is a part of the Daewoo Motor Egypt (DME) which itself belongs to the Aboul Fotouh Group. The factory is located in the 6th of October City.
The company started in the early 1980s as an importer of Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese cars. The assembly plant started its activities with the SKD manufacturing of Daewoo vehicles in 1998. Since 2006 the company is assembling vehicles of the Chinese
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
brand Chery
Chéry
Chéry is a commune in the Cher department in the Centre region of France.-Geography:An area of farming and forestry, comprising the main village and a hamlet, situated in the valley of the river Arnon some south of Vierzon, at the junction of the D75, D165 and the D68 roads.-Population:-External...
. The cars are released under the Speranza brand.