US company to import Chinese cars
AFP, New York
A US company plans to import vehicles from China's Chery Automobile Co in what would be the biggest effort to market Chinese cars in the United States to date, The Wall Street Journal said Monday. New York-based Visionary Vehicles LLC said it planned to launch sales of five Chery models at some 250 US dealerships by 2007, at prices 30 percent lower than comparable vehicles, the report said. Other US automakers have explored marketing Chinese-made vehicles but the efforts have been limited thus far, in part on concerns that American consumers would steer clear of the cars on safety and quality concerns. Visionary Vehicles founder Malcolm Bricklin said the Chery vehicles were being designed for export to the United States. Bricklin introduced the Subaru in the United States and also tried unsuccessfully to launch the Yugo, a cheap hatchback made in former Yugoslavia.
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