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Chinese Enter US Auto Market

Geely Will Display at Detroit Auto Show

While the American auto industry continues to show trouble, Chinese automaker, Geely, is taking this opportunity to show their 5-passenger sedan, the 7151CK at the Detroit Auto Show.

"We are absolutely determined to produce a high-quality vehicle that can be marketed to the American consumer for under $10,000,” said Harmer, an attorney and former Washington lobbyist who said he was hired for his expertise in regulatory issues. "We’re not trying to barnstorm the American market. We’re going to protect the product and the credibility of our name.”

Geely expects to sell a little more than 100,000 vehicles in China this year, Harmer said. That’s about the same number of vehicles Mitsubishi Motors sold in the United States in the first 11 months of this year. GM sold 4 million in that time. Geely also plans to export 7,000 vehicles this year, mostly to Eastern Europe and the Middle East, Harmer said.

Harmer said Geely won’t start talking to U.S. dealers for another year.

Detroit auto show co-chairman Richard Genthe said several other Chinese automakers inquired about space at this year’s show, but Geely was the only one that committed to a booth. Geely decided to bring the 7151 CK last week, Genthe said.

"We’re excited to be the first show in the Western hemisphere to showcase a Chinese vehicle,” Genthe said.

This makes history as the first Chinese automaker to display at the Detroit Auto Show. There are other Chinese automakers targeting the American market, but when some displays cost as much as $2M, Geely is the only one actually displaying at the show.

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Posted on Sunday, December 18th, 2005 at 2:58 pm In Auto Warranty  


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