BEIJING – Yin Tongyue, chairman and president of Chery Automobile Co., Ltd., has become the newest executive to confirm to speak at CBU/CAR’s inaugural 2010 Global Automotive Symposium (GAS 2010) to be held in April in Beijing.

GAS 2010, with a theme of China and World Automobile Market in the Next Decade: Innovation, Green Vehicles and Global Competition, will be held on April 22-23 at the Westin Beijing Chaoyang right before Auto China 2010 (April 23-May 2), the year’s largest auto show in China.

Yin has been with Chery since its founding in 1997, serving as its executive vice president from 1997 to 2004, before becoming chairman, president and also the party secretary. Before his tenure with Chery, he was the general assembly line director and logistics director at FAW-Volkswagen. Upon graduation from the Anhui Institute of Technology (now Hefei University of Technology) in 1984, Yin entered the FAW Group, working as a craftsman at the Red Flag car plant. From 1989 to 1991, Yin studied abroad in Germany and the US and participated in the preparation work for FAW-Volkswagen.

Last year, Chery was the 7th largest automaker in China by sales and launched its multi-brand strategy which expanded its brand portfolio from Chery to Karry, Rely and Riich. Chery has set a vehicle sales target of 720,000 units for 2010.

Preparations for GAS 2010 are now under full-swing. CBU/CAR is in the process of inviting key automotive executives from leading foreign and Chinese automakers and suppliers, including global automotive CEOs, to become distinguished speakers. For updates on invited and confirmed speakers, please visit http://www.chinaautoreview.com/conference/Speakers.aspx?id=34.

GAS 2010 was conceived based on the fact that 2010 will be a milestone for China’s automobile industry. It will be the beginning of the second decade of the new century and follows upon 2009, a year in which China became the world’s largest manufacturing country of new light vehicles. 2010 will also usher in a true consumer rather than institutional automobile market in China as well as a new decade of intensified global competition and unprecedented domestic consolidation.

To see the latest developments of the conference, please visit the following link:
http://www.chinaautoreview.com/conference/Introduction.aspx?ID=34

If you have any questions, please do not hesitate to contact our conference coordinator at conference@cbuauto.com.

CBU/CAR
February 2010