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SAIC Chery, a Chinese auto manufacturer embroiled in a dispute with General Motors over the alleged theft of car designs, says it will begin assembling cars soon in Iran and has plans to manufacture vehicles in Pakistan and Venezuela.
The company is pressing ahead with an ambitious overseas expansion despite tightening conditions at home, a result of renewed price wars and intensifying competition, as well as the investigation into the alleged appearance of GM designs under a Chery badge.
