Home / China News / News detail

US consumer may buy Chinese car at Wal-Mart

From Cars.com| February 12 , 2009 09:51 BJT

For years, we’ve been hearing that Chinese cars are on their way, and despite fair skepticism there have been in-roads. Chinese companies like BYD (Build Your Dreams) have debuted plug-in vehicles at American auto shows, while the Mexican company GS Motors has imported Chinese cars to sell in Mexico.

Now the industry must brace for the next big idea, which is to sell low-cost Chinese vehicles at big-box retailers like Wal-Mart and Costco. This is how GS Motors plans to sell the F1 Hatchback in Mexico (for a bargain price of $5,500).

BYD wants to bring over the plug-in model it showed off at the Detroit auto show as early as next year, and GS CEO Kathleen Ligocki said she believes that within five years consumers will be able to buy a Chinese vehicle at their local Wal-Mart.

The global economic crisis may slow some of this down (and many of China’s 80-plus auto companies are bound to go under), but the plan has been laid as far as many of the major players are concerned.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com