Qoros

Qoros Auto Co., Ltd.
Company typeJoint venture
IndustryAutomotive
Founded2007
Defunct2022[1]
Headquarters
Shanghai
,
China
Area served
  • China
  • Slovakia[2]
Key people
  • Chen Anning (President)
ProductsAutomobiles
OwnerBaoneng Group (63%)
Chery Automobile (25%)
Kenon Holdings (12%)[3]
Websitewww.qoros.com/global/
Qoros
Simplified Chinese观致汽车
Traditional Chinese觀致汽車
Literal meaningQoros Auto Co., Ltd.
Transcriptions
Standard Mandarin
Hanyu PinyinGuānzhì qìchē

Qoros Auto Co., Ltd. was a Chinese automotive manufacturing company headquartered in Shanghai, China. Its principal activity was the design, development, production and sale of passenger cars sold under the Qoros marque.

It was founded as a joint venture between Chery and Israel Corporation[4][5] in December 2007 under the name Chery Quantum Automotive Corporation (CQAC). The name was changed to Qoros Auto Co., Ltd. in November 2011.[6] In December 2017 Baoneng Group,[7] secured a 51 percent stake in Qoros for 6.6 billion RMB.[8]

The first production model, the Qoros 3, made its first public appearance at the Geneva Motor Show in March 2013[9] and went on sale in China in November 2013.

  1. ^ "Qoros manufacturers are facing closure! Tens of thousands of car owners face the dilemma of no door after-sales!". 15 March 2022.
  2. ^ "Axe falls on Qoros plan to sell cars in Europe". Auto Express. 20 April 2017. Retrieved 20 April 2017.
  3. ^ "Kenon Sells Half of Its Remaining Stake in Qoros to the Majority Shareholder for RMB 1,560 Million (US $227 Million)" (Press release). 9 January 2020. Retrieved 14 April 2020.
  4. ^ "Israel Corp. Officially Cuts Ties With Qoros". Jewish Business News. 12 February 2015.
  5. ^ Qoros chief executive Phil Murtaugh to leave China-based carmaker Andy Sharman in London, January 6, 2016
  6. ^ "China's Newest Car Brand: Qoros". The Wall Street Journal. 28 November 2011. Retrieved 24 March 2012.
  7. ^ "Baoneng Group's Strategic Investment into Qoros Auto Bring the Automaker into a New Era-Qoros Auto Official Site". www.qoros.com. Retrieved 2018-01-19.
  8. ^ "Qoros' new owner plans to be China's Tesla". Automotive News. Retrieved 2018-01-19.
  9. ^ "This is the Qoros 3". www.topgear.com. 14 February 2013. Retrieved 2018-01-19.