Tuesday, June 19, 2007

Chinese cars first in Mexico, then U.S?

We’ve been hearing stories that Chinese automakers are ready to sell in the U.S. for years, so here goes: A Chinese automaker will begin exporting pickups and sport/utility vehicles to Mexico this year, the first step in an attempt to enter the U.S. market. The plan calls for the SUVs to sell for $12,000 in Mexico and will be the first Chinese vehicles to sell in U.S. showrooms.That’s the claim of Bill Pollack, chairman of New Jersey-based Chamco Auto. According to Automotive News, Pollack has completed a deal allowing China’s Zhongxing Automobile to export 50,000 vehicles duty-free to Mexico, and then build a plant in the border city Tijuana to assemble models for export to the U.S.“Our plan is to average 20 percent below comparably equipped brand-name competitors,” Pollack told Reuters.Assembling the Zhongxing vehicles in Tijuana will make them Mexican under North American free trade rules, so they can be exported to the United States duty free, Pollack said. His company is Zhongxing’s distributor in the U.S. Zhongxing is located in the northern province of Hebei near Beijing. It sells almost a third of its vehicles to customers in 50 developing nations but has little experience in wealthier markets.Pollack said its models meet European and Mexican safety and emissions standards, and vehicles produced in Mexico will meet U.S. regs.

2 Comments:

Anonymous autopartswarehouse said...

For sure US will block those chinese made cars...

5:53 PM  
Anonymous Anonymous said...

Please let me know more I want a dealership. I have been a retail sales mgr 14 years and need this oppurtunity bad.808-250-4116 Chris call with any info...

11:14 PM  

Post a Comment

Links to this post:

Create a Link

<< Home