CHAMCO and Zhongxing cooperation

[ash]

New Jersey Company Plans To Sell Chinese Autos By 2008
January 03, 2007


Truck Trend,

A New Jersey-based company called China America Cooperative Automotive, or simply Chamco Auto, has been quietly developing a plan become the first seller of Chinese-made automobiles in North America. The company has formed a partnership with China's Hebei Zhongxing Automobile Company (ZXAUTO) and wants to begin selling cars late this year or early 2008.

[WuzhengNA]

Everyone can't be the first. Sorry. Maybe they can be the second?

[m14]

Chamco wants to be first to import to U.S.
January 12, 2007

BY JUSTIN HYDE

FREE PRESS BUSINESS WRITER

Tucked away in a ballroom at General Motors Corp.'s headquarters was a one-company, two-vehicle auto show offering a new proposition to potential dealers: Sign up now for the chance to sell trucks from China.

The China America Cooperative Automotive Inc., or Chamco Auto, aims to start imports of a compact SUV and a four-door pickup from China to the United States by mid-2008, both with a price tag of $13,250. Unlike Changfeng Auto Group, the Chinese manufacturer displaying cars at the Detroit auto show, Chamco Auto is a New Jersey-based marketing group with a contract to import models from Zhongxing Automobile Co. in China.

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Bill Pollack, Chamco's chairman, said the company was taking a careful approach -- capping the number of Chamco dealers, conducting safety tests and modifying the Zhongxing models with American touches such as larger cup holders -- to ensure that a "made in China" label doesn't create a negative connotation among U.S. car buyers.

"We know we'll have people come after us," Pollack said. "We're not going to give them the opportunity."

Zhongxing already exports its vehicles to 40 countries, and Pollack said Chamco would import the two models to Mexico starting later this year as a sort of extended durability test. Chamco executives ran their first crash tests on the two models a few months ago, and Pollack said work was under way to make the models meet all federal crash and environmental standards to earn Chinese export licenses.

"China is taking a broad view of the auto industry," Pollack said. "It's not going to allow a single company with poor quality to ruin the rest."

Once the vehicles can be imported, Chamco aims to sell about 75,000 in the first year and 200,000 the next. In addition to the two trucks, Chamco plans to add a crossover and a sedan to its lineup after its launch.

Pollack and Veechwin Li, the company's chief executive, said about 20 of the company's planned 150 dealers had been approved, with many more in talks. As part of their agreement, dealers are granted stakes in Chamco.

[WuzhengNA]

<<< sigh >>>>

[hello]

it will be interesting to see zhongxing deers in driveways of americans

[CCF mod]

CHAMCO official site:
http://www.chamcoauto.com/index.php

[BringIt]

A 4 door nicely equipped truck with leather interior for $8,000 USD! It's exactly what I was talking about in this thread!

Just get the styling right, the quality up to par, and bring it to the US and watch it sell like hot cakes!

[god_bless_japan]

Originally Posted by Hudson

," but Nissan sued and won making all SUVs "passenger cars" under the law.

Hudson, are you talking about the 1988-1989 2 Door nissan Pathfinder, where nissan did not sell the 2 door any more, only the 4 door??!

Also speaking of American Market penetration, Peugeot of France is a well established car manufaturer, yet they had trouble in the US market and had to quit, so did Rover whose cars were then based on Honda civic/accord and legend. Where as Hodna thrived and profited, rover cars based on same mechanicals did not. In a nut shell getting into the americal market is not a cakewalk. Chinese manufacturers should still try and failure should not be something to be ashamed off, but used as a learning curve for a better next time

[CCF mod]

Those two SUVs are predicted for sale in USA:


http://www.autoblog.com/2007/06/07/s...e-cars-to-u-s/

[CCF mod]

CHAMCO AUTO was one of five Chinese companies that displayed vehicles at 2008 North American International Auto Show in Detroit.

CHAMCO AUTO, a truly innovative automotive importer, will make a unique, celebrated stop at the 2007 North American International Auto Show on January 10 and 11.

CHAMCO AUTO, whose mission is to become the first automotive company to import and distribute vehicles produced by Chinese manufacturers throughout North America, will have an unprecedented vehicle unveiling away from Cobo Hall, at the Cartier Ballroom in the Marriott Hotel on E. Jefferson Avenue in downtown Detroit. Unlike any other automotive company, CHAMCO AUTO has distinguished itself from the industry, and set itself apart from other auto show participants, by:

* Developing an exclusive partnership with ZXAUTO China, providing the importation of a line of entry-priced vehicles to the North American market. CHAMCO AUTO will import, market and distribute SUVs and pick- ups, starting in late 2007 to mid 2008 into Mexico and the US, and plans to bring in sedans and crossovers one year after that. CHAMCO AUTO is also negotiating with other Chinese car manufacturers to fill out the line.

* Utilizing a unique business model that dramatically reduces costs by outsourcing a variety of functions to the world's leading Fortune 500 automotive experts in such areas as transportation and logistics; service, parts and warranty; legal; information technology and marketing.

* Employing the principle of "shared ownership" to ensure that all key stakeholders involved with CHAMCO AUTO are highly motivated to succeed. These stakeholders include our Chinese car manufacturers, outsourcing providers, executive team and our dealer partners.

* Only 150 joint venture dealer partners will be selected during our first two years to develop and ensure a superior dealer network for CHAMCO AUTO, with large exclusive territories.

The exciting unveiling of this unheard of entry-level priced line of pickups and SUVs at the 2007 North American International Auto Show, and the opportunity to become a part of this extraordinary event, will showcase the one of a kind opportunity.

"This is an extremely exciting time for CHAMCO AUTO as we prepare to arrive in the city of Detroit for the 2007 North American International Auto Show. The vehicles we will have on display, across the street from the show, are second to none and will offer new and exciting automotive choices priced at least 20% below any and all comparably equipped models from name brand competitors, including other Chinese importers. We invite interested dealers to come and witness history in the making as CHAMCO AUTO takes the Motor City, and the automotive industry, by storm," said Bill Pollack, Chairman of CHAMCO AUTO.

CHAMCO AUTO, based in Parsippany, New Jersey, expects to become the first company to import Chinese-made vehicles into North America. Further information about ZXAUTO China can be found at www.zxauto.com.cn. Information on CHAMCO AUTO can be found at www.chamcoauto.

Chamco Auto's sport utility vehicle is displayed at the North American International Auto Show in Detroit, Sunday, Jan. 13, 2008. Despite a year where toys made with lead paint and tainted toothpaste fueled distrust about the "Made in China" label, Chinese automakers are showing increasing interest in cracking the lucrative U.S. market. It may be a challenge to persuade American drivers to buy Chinese, observers say. But with high-profile recalls failing to squelch demand for China-made products, the day for Chinese cars on U.S. roads is nearing.