Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
Chinese cars make up only one-fifth of domestic sales. However, Beijing wants to see 60% of market share by 2010.
Two years ago, Chery sold about 7,000 vehicles a month. Last month, the company sold 5 times that – 35,000 for the multiplication impaired.
Chery is also talking with DaimlerChrysler AG about producing a sub-compact car for the Dodge Brand.
A Florida-based entrepreneur showed up with $500 million spending money raised in private equity and is looking for a Chinese partner.
It will not take the Chinese as long to bring their cars up to snuff as it did the Japanese to catch up with the American car companies.
The learning curve is much quicker now than it used to be. It will, however, take the Chinese a while to equal Japanese quality. Even American car companies can’t do that anymore.
Like it or not, Cars “Made in China” are coming….and not the Hotwheels kind.
What do you think?
Other posts that may interest you:
Introducing Chinese Cars – Chery
Introducing Chinese Cars – Brilliance Auto
Introducing Chinese Cars – BYD
Introducing Chinese Cars – Changan Auto
Introducing Chinese Cars – Great Wall Motor Co.
Introducing Chinese Cars – ZXAuto
Introducing Chinese Cars – Hafei Motors
Introducing Chinese Cars – SAIC, Nanjing, Lifan, FAW, GONOW, FUDI, JINGCHENG, CHANGFENG