The U.S. will not be flooded with an onslaught of Chinese cars anytime soon, a new report finds. Despite persistent rumors that Chinese made vehicles will soon hit our shores, China’s ambassador to the United States, Zhou Wenzhong, said at a conference this week that China’s automakers lack the production capacity to fulfill an export program.
“The notion of Chinese cars flooding the U.S. market is not a real notion at the moment,” Zhou said. Because of the strong demand within China, automakers would be unable to meet the export demands of a large market such as the U.S. as most Chinese auto plants are already running at or near full capacity.
However, entry into the U.S. market is still in the long-term plan for Chinese automakers. “Entry into the U.S. and Europe market is still an objective for us, but it is a long-term plan,” said Zhang Lin, general manager of Chery International.
Five Chinese automakers will be on display at the Detroit Auto Show, indicating there is still an interest in the U.S. market. Chery, China’s largest automkaer, will not be attending the show.
11/20, 9:18 AM
posted by:
Rotman
Chinese automakers are making a a slow entry anywhere, that is if they’re making an entry at all since nobody seems to buy their crappy vehicles.
11/20, 10:00 AM
posted by:
RicardoHead
I think they know that if they make a quick entry they might run into something (small) and the whole thing will collapse.
11/20, 10:08 AM
posted by:
sharpie
Why would they rush their investment over to unknown territory when they can sell in their backyard, especially when demands at home are high? It seems US automakers are the one who try to get to China faster, not the other way around.
Also safety regulations (if you want to call it that) in China is much more relaxed. They have much work to do before the DOT would okay their cars here, and no it will not be anytime soon and please keep it that way till their safety standard is on par with the German, Japanese, America and Korean.
11/20, 10:12 AM
posted by:
Veda
The sales of 1000 units of Chery within their first year of opening a dealership in Jakarta is extremely impressive. There are always consumers for el cheapo products regardless of the quality.
11/20, 10:46 AM
posted by:
johnnycanuck
Im sure I speak for many on the continent of North America when I say this is the feelgood story of the day.
11/20, 11:02 AM
posted by:
LP640
Good Luck Chink
11/20, 12:45 PM
posted by:
Impulsive
In due time .. in due time.
11/20, 3:14 PM
posted by:
CA36GTP
Can’t wait for these to get here. I’ve always wanted to have to worry about manslaughter charges in low-impact collisions.
11/20, 3:25 PM
posted by:
Commodore
Thank god. They need a lot of improvement before they come here. We don’t need any more trash on our shores.
11/20, 6:13 PM
posted by:
pherarey
lmao CA36gtp, i remember seeing a video of a crash test in some fang-zhue-ickamaling chinese car. turned into a can of fancy feast dropped in a lions cage.
11/20, 6:51 PM
posted by:
TOZO
AAAAAND STAY OUT!
11/20, 7:53 PM
posted by:
1c3d0g
I hope ALL of these stupid chinese cars will be banned in North-America.
11/20, 9:30 PM
posted by:
Commodore
I hope that the Chinese will never enter America. Instead, I hope all the Chinese automakers die or get bought up by others (like Americans). That way, the Chinese will do nothing except BUILD the cars and possibly offer support to their parent companies (like Daewoo and GM).
11/21, 1:02 AM
posted by:
sharpie
Commodore, Chinese automakers will not be bought out by any foreign investment because of Chinese law. Instead, foreign car companies cannot import cars there. They must partner with Chinese automakers to produce their cars in China and I said “partner” not own. Chinese law is always hostile to foreign ownership of any kind of property (land, house, company shares etc.) in China. Sorry to burst your bubble, that just won’t happen under current Chinese law at the least.
11/21, 12:13 PM
posted by:
Veda
Sharpie is correct, they’re basically giving cash away at the locals for the exchange of the bigger market in China. And that also makes it impossible for them not to own a sizable share in all automakers selling there.
11/21, 1:57 PM
posted by:
jackjimturkey
Xinophobia!