Chery Automobile Co yesterday disputed a lawsuit by US vehicle firm Visionary Vehicles which accused the Chinese automaker of defrauding after the two companies failed in a deal to export Chinese cars to theUS.

"We have noticed the news report on the lawsuit but have not yet got any formal information from Malcolm Bricklin, Visionary Vehicles or courts in the United States," said Chery in a statement.

"We have no idea of the purpose of Visionary Vehicles' act but we could say that we always obey the local laws in countries where we have businesses."