Chery Omoda5 2024 News

Chery has just lowered the price of entry to its Omoda 5 small SUV range by $6000 with a cheaper FX variant.Pricing starts from $27,990, drive-away, undercutting the rest of the Omoda 5 range and many big-brand rivals.It maintains a similar level of equipment and the same engine as Chery's other non-GT Omoda 5s.Cloth-faced upholstery with synthetic leather trimmings, 17-inch alloy wheels, a six-speaker sound system and halogen headlights are standard.The FX still gets twin 10.25-inch screens – one touch for multimedia and the other a digital driver's display – along with 'hello Chery' voice recognition.It's $6000 cheaper than the mid-spec BX which gets acoustic glass, synthetic leather upholstery, soft touch door cards, dual-zone climate control, an eight-speaker stereo and a wireless charger.The EX moves to LED headlights, larger 18-inch alloy wheels in conjunction with heated seats and steering wheel, a power tailgate and 360-degree surround-view camera for $36,990, drive-away.All non-GT grades use a 1.5-litre turbo-petrol four-cylinder developing 108kW/210Nm. It drives the front wheels via a CVT auto.The GT and GT AWD get a larger 1.5-litre turbo-petrol four-cylinder developing 137kW and 275Nm mated to a seven-speed dual-clutch automatic. All-wheel drive is optional.The whole Omoda 5 range is covered by an ANCAP five-star safety rating under 2022 protocols.While the new Omoda 5 FX undercuts the base model Mitsubishi ASX GS (about $28,490, drive-away), it remains dearer than base MG ZST Core ($25,490) and new-look GWM Haval Jolion Premium ($26,990, both national drive-away prices).So far, Chery has sold 2456 Omoda 5s this year, lagging behind the Jolion (5826) and MG ZS (1841). Chery will be expecting the new cheaper entry-grade to boost Omoda 5 sales.2024 Chery Omoda 5 pricingAll prices listed are drive-away

The Chery Omoda E5 will mark the beginning of the Chinese brand’s move into electrified models - but not the end. In fact, it will be a starting off point for a range of options the company plans to bring to the Australian market in the next few years.

Chery has today confirmed its 2024 Omoda E5 for a mid-year launch in Australia, with the electric vehicle promising a driving range in excess of 400km, and – based on the brand's existing models – a sharp pricing strategy.

Chery emerged as a force in the Australian new-car market in 2023 with just one model, and the Chinese brand reckons the Omoda 5 is on track to double its sales in 2024.

After a fairly successful relaunch in Australia during 2023, the Chery brand is introducing two new variants of its first model (this time around), the Omoda 5 SUV.