Buy custom Chinese Car Companies Soon to Make Waves in United States
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| Topic: |
Technology
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| Number of pages / Number of words: |
5 / 1245 |
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"What you're seeing is the first stage," says Mike Hanley, global directory of Ernst & Young's automotive practice. "Everyone recognizes that Chinese cars will end up in North America. It's a matter of time."
Transition: There are many advantages to having Chinese car companies in the American marketplace...
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Cheaper Prices
A. Chery plans to sell cars up to 40 percent below current market prices
B. Geely has big plans, aiming to export 1.3 million vehicles worldwide, including small sedans for less than 10,000 and a sports car, the Beauty Leopard, which sells for 15,125 in China
C. At the 2005 Shanghai Auto Show, Chery introduced a convertible with a retractable hardtop, that won the award for best new car
II...
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