Friday, February 11, 2005
It's not a Chevy, it's a Chery: Chinese Cars to sell in us starting at $7K
This is a follow up to Coming soon to U.S. Highways: Chinese Cars? blogged here on January 5, 2005. Apparently, Malcolm Bricklin, who imported the Yugo with less than spectacular results, has cut a deal with Chinese automaker Chery and looking to import a whole range of models to the U.S.
The article doesn't say whether Bricklin has surmounted various emission control and import restrictions affecting such an endeavor but it appears as if he thinks he can, with an investment of $200 million.
Keep an eye on this story as it develops. It'll reveal worlds about U.S. China trade and the future of the automobile industry. A $7,000.00 auto, assuming the design, quality and reliability was acceptable (a 100,000 mile/10 year warranty addresses the latter concern) would be very appealing to American consumers.
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