Residual Value Engineer

Chery Automobile is a leading Chinese auto company and an international brand whose business covers more than 80 countries and regions.

For our Engineering Center in Raunheim, near Frankfurt, we are looking for a Residual Value Engineer

We welcome you to join a growing team of extraordinarily talented and enthusiastic people, developing tailor-made cars for the European market.

We want to work with a flexible and enthusiastic individual wo will be required to support the development of our European vehicles locally as well as globally - jointly with our teams in our headquarter in China.

The Residual Value Engineer is responsible for developing, maintaining and continuously improving the vehicle Residual Value (RV) management framework. The role provides data-driven RV analysis and recommendations to support vehicle pricing, product planning, financial and leasing products, and used-car strategy across European markets.

Key Responsibilities

Residual Value Analysis & Forecasting

• Develop and maintain RV forecasting models across vehicle models, powertrains, derivatives and markets.
• Analyse key RV drivers, including new-car pricing, discounts, product competitiveness, brand performance, market supply and demand, mileage, vehicle age and macroeconomic factors.
• Regularly benchmark forecasted RVs against actual used-car market performance and continuously improve forecasting accuracy.

Market & Competitor Analysis

• Monitor used-car prices, RV trends and competitor performance across key European markets.
• Collect and analyse market intelligence and data from external RV providers such as Autovista, DAT, Schwacke and CAP HPI.
• Develop and maintain competitor RV databases to support product and commercial decision-making.

New Vehicle & Product Programme Support

• Provide RV assessments during new-vehicle development and launch programmes.
• Evaluate vehicle positioning, specifications, powertrain strategy, pricing and lifecycle decisions from an RV perspective.
• Identify potential product-related RV risks and recommend improvement measures.

RV Provider & External Stakeholder Management

• Develop and maintain professional relationships with major European RV data and forecasting providers.
• Organise product presentations, vehicle evaluations, test drives and RV review sessions.
• Ensure external RV providers receive accurate and timely information regarding products, specifications, pricing and launch plans.

Cross-functional Collaboration & Reporting

• Work closely with Product, Pricing, Sales, Used Car, Fleet, Finance and Aftersales teams.
• Prepare regular RV analysis, management reports and presentations.
• Establish RV KPIs and monitoring mechanisms, identify risks and drive corrective actions.

Qualifications & Experience

• Bachelor's degree or above in Automotive Engineering, Economics, Finance, Statistics, Data Analytics or a related discipline.

Join our dynamic team and be a part of our company's growth and success!