China is laying plans at this very moment to begin shipment of passenger vehicles to the North American market by mid 2007. Chinese automobile manufacturer, Chery, yes read that againthe company sounds strangely like Chevy, is looking at bringing not just one, but a whole fleet of low cost production vehicles to our shores. Proposed prices will astound you and could potentially bring the U.S. auto market to its knees. Dont think for even one moment that Japanese and Korean automakers will be immune from this flood of low cost cars. Chery vehicles have been designed some say stolen from current Asian models and will compete directly against the likes of Toyota, Honda, Nissan, and Hyundai. Chinas long awaited war with the US at one time expected to begin with a Red Army attack on Taiwan — may be fought on an economic front instead.
Chery, a state-owned car producer formed in Chinas eastern Anhui Province, is currently building a number of cars in China including the QQ a compact car strangely similar to the Daewoo Spark [GM Korean division], as well as several sedans and a compact SUV. Indeed, recent charges made by Toyota, GM, and Honda have all alleged that...
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