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Car Forum / Chrysler Cars / January 2005Chinese Cars are Coming! Chinese Cars are Coming!
They'll kill us dead. GM, Ford, D-C, all dead as a door nail. This is a clear and direct threat to this nation. If the President and Congress do not act to stop this in its tracks, constellation impeachment is in order. Yes, you will get cheap cars. For five years you will get cheap cars. Then our entire industrial base will be dead as a door nail and our dollar will collapse. The depression that follows will make the Great Depression look like Spring Time in Bavaria. It will be all over for us. We are dead men walking and you have been warned. Don't believe it? Look what happened to our commercial electronic industry after Asia drove in its claws. Multiply this by a million-fold and you can visualize what will become of our automotive industry. >US Group Inks Deal to Import Chinese Cars >Sun Jan 2, 2005 03:07 PM ET > >DETROIT (Reuters) - The man who brought America the mechanically >challenged Yugo car in the 1980s is turning to China for his next venture >aimed at selling import vehicles at bargain-basement prices on the U.S. market. >A report in Sunday's editions of the Detroit News said New York-based >entrepreneur Malcolm Bricklin and Allen & Co., an investment banking firm, >had recently signed the first-ever deal to import Chinese-built cars to >America. > >Their goal, together with state-owned Chinese partner Chery Automobile Co. >Ltd., is to import up to 250,000 Chinese-made cars annually beginning in >2007, the report said. > >The cars, all-new models including two sedans and a sport utility vehicle, >will be priced about 30 percent below competing models on the U.S. market, >Bricklin was quoted as saying. > >Bricklin and spokesmen for Allen & Co. or Chery Automobile could not be >reached for immediate comment. > >The newspaper said that cars sold under Bricklin's joint venture, dubbed >Visionary Vehicles Llc., would have to meet rigorous U.S. safety and >emission standards. > >It also remains to be seen whether Chery, which ranks eighth in sales >among China's fast-growing automakers, is capable of manufacturing >vehicles to the standard of quality needed for the U.S. market. > >Chery's top-selling vehicle in China, the QQ, is at the center of a legal >battle with General Motors Corp. (GM.N: Quote, Profile, Research) , which >charges the small sedan is a direct copy of GM's Chevrolet Spark, the >newspaper reported. > >Bricklin got his start in the auto industry by importing tiny Subarus to >the United States in the 1960s. He is best known for importing the Yugo, a >cheap hatchback sedan, into the United States from communist-led >Yugoslavia beginning in the mid-1980s. > >The quality of the cars was notoriously poor and New Jersey-based import >company Yugo America folded four years after Bricklin sold his stake in 1988. > >-------------------------------------------------------------------------- >------ > >All rights reserved. Users may download and print extracts of content from >this website for their own personal and non-commercial use only. >Republication or redistribution of Reuters content, including by framing >or similar means, is expressly prohibited without the prior written >consent of Reuters. Reuters and the Reuters sphere logo are registered >trademarks or trademarks of the Reuters group of companies around the world. >© Reuters 2005 > Multiply this by a million-fold and you can visualize what will become of our > automotive industry. Don't EVER forget what happened to the US fountain pen and pencil industry. Dead too!! If Bricklin is involved, it'll just be another scam to line his pockets - probably with greedy would-be dealer cash. Just ask the Canadian and New Brunswick (state) governments! Jeff They'll kill us dead. GM, Ford, D-C, all dead as a door nail. This is a clear and direct threat to this nation. If the President and Congress do not act to stop this in its tracks, constellation impeachment is in order. Yes, you will get cheap cars. For five years you will get cheap cars. Then our entire industrial base will be dead as a door nail and our dollar will collapse. The depression that follows will make the Great Depression look like Spring Time in Bavaria. It will be all over for us. We are dead men walking and you have been warned. Don't believe it? Look what happened to our commercial electronic industry after Asia drove in its claws. Multiply this by a million-fold and you can visualize what will become of our automotive industry. >US Group Inks Deal to Import Chinese Cars >Sun Jan 2, 2005 03:07 PM ET [quoted text clipped - 49 lines] >trademarks or trademarks of the Reuters group of companies around the world. >? Reuters 2005 Do you people believe the Chinese cars will be SO good, and SO cheap, they will displace the cars we are buying??? Personally, I don't think so. People in North America and Europe still enjoy a good measure of qualityand reliability. If the Chinese cars are manufactured cheaply in the same manner as other goods from the Orient, then I think consumers will stay away from them in droves. Nomen.....you are an alarmist. Shame on you. Arthur > If Bricklin is involved, it'll just be another scam to line his pockets - > probably with greedy would-be dealer cash. [quoted text clipped - 76 lines] > world. >>? Reuters 2005 >Do you people believe the Chinese cars will be SO good, and SO cheap, they >will displace the cars we are buying??? Personally, I don't think so. >People in North America and Europe still enjoy a good measure of qualityand >reliability. If the Chinese cars are manufactured cheaply in the same >manner as other goods from the Orient, then I think consumers will stay away >from them in droves. Nomen.....you are an alarmist. Shame on you. > The " chery QQ EZ-Drive " will come to the market ( US ) at 62,800 yuan ...... thats about $ 7600 US .... and not a bad looking little car. The same was said about Japan after WWII history will repeat itself. HarryS >>Do you people believe the Chinese cars will be SO good, and SO cheap, >>they [quoted text clipped - 9 lines] > yuan ...... thats about $ 7600 US .... and not a bad looking little > car. If the Chinese cars are manufactured cheaply in the same > manner as other goods from the Orient, then I think consumers will stay away > from them in droves Don't think so !! Consumers are flocking to buy all types of Chinese and other Oriental produced goods thanks to our greedy big corporations having the products manufactured offshore. It's difficult to find a camera or any piece of electronic equipment that's not made in the Orient. It's strange that communist China has became a major producer of our goods but we had better not take a vacation in Cuba with that Chinese camera! Sad that in one generation we have went from being a nation of producers to a nation of consumers drowning in debt. What's next? Borrowing from China? > If the Chinese cars are manufactured cheaply in the same >> manner as other goods from the Orient, then I think consumers will [quoted text clipped - 10 lines] > nation of producers to a nation of consumers drowning in debt. > What's next? Borrowing from China? I hate to tell you this but we are already borrowing from China. Who do you think is underwriting much of our massive deficit? > > If the Chinese cars are manufactured cheaply in the same > >> manner as other goods from the Orient, then I think consumers will [quoted text clipped - 13 lines] > I hate to tell you this but we are already borrowing from China. Who do you > think is underwriting much of our massive deficit? That's OK we will just declare bankruptcy in about 10 years and all those Chinese investors will get screwed Mah ha ha ha ha ha ha ha haaaaa!! ;-) It's the American Way!! ;-) Actually though I think it might be a net benefit to the economy - think of all those auto mechanic positions that are going to be created for people that will be needed to fix those cars. Maybe we can put all our out of work software developers through retraining programs to make them into mechanics? ;-) Ted > That's OK we will just declare bankruptcy in about 10 years and all those > Chinese [quoted text clipped - 11 lines] > > Ted Sort of like that army of TV/VCR repairmen that fixes our Chinese electronics? Hmmmm? I think we'd be pretty foolish to not be able to predict how this is going to play out. Cars are basically the last thing that is made in Japan. Everything that used to come from Japan, except cars, now comes from China with Japanese technology. Japanese labor is more expensive than American labor, so they outsource some of their production facilities here where it would be cheaper. Well, Chinese labor is reallly cheap, and the quality is still good. If the Chinese goverment is logical enough to see this coming, you should be too. If you want to support auto mechanics, buy a Fiat made by the Italian government, not the Chinese. http://www.gm.com/company/corp_info/history/gmhis2000.html Excellent idea (for US-centric positions)...well, quite good anyway...FIAT has GM on the share register (hence good idea) but isn't quite up to other western European companies' standards yet... DAS  SignatureFor direct contact replace nospam with schmetterling --- [...] > If you want to support auto mechanics, buy a Fiat made by the Italian > government, not the Chinese. > Sort of like that army of TV/VCR repairmen that fixes our Chinese > electronics? Hmmmm? [quoted text clipped - 10 lines] > If you want to support auto mechanics, buy a Fiat made by the Italian > government, not the Chinese. The only Fiats you can buy in the US are the very fast, and expensive ones from the Ferarri division. By the way, Fiat is now partly owned by GM. Customers seeking the lowest possible price, a not unlaudable aim. In many cases you still have the choice. Let's take a simple example of a suit I just bought from a well-known department store in London. My choice was down to two very reputable 'premium' British brands. Even after the sale reduction one was still over GBP 100 dearer than the other. There was a difference of over GBP 200 in the pre-reduction price. I asked the salesman in the dearer section to explain the differences, and it boiled down to location of manufacture and source of fabric. But was there such a quality difference? I doubt it. (If you're wondering, I bought the dearer garment because it was a slightly better fit and I fancied that label on this occasion.) And, what's more, a friend of mine was the buyer for a famous brand of casual wear based in New York and now he is production manager for another big brand of casual wear, also in NYC. Both jobs entail visiting the supplyers' factories. And why are they not in the USA, Britain, Italy etc (all places where workmanship is very good)? Because you, the American buying public, won't pay for it. Of course, same applies everywhere. The UK textile industry has shrunk for the same reasons. DAS SignatureFor direct contact replace nospam with schmetterling --- [...] > our greedy big corporations [...] > And, what's more, a friend of mine was the buyer for a famous brand of > casual wear based in New York and now he is production manager for another [quoted text clipped - 5 lines] > Of course, same applies everywhere. The UK textile industry has shrunk for > the same reasons. There's a reason for that and it's tied up in human nature. If given a choice people will prefer to pay $100 a month for 10 years for a particular product, than to pay $7,000 now, even when that monthly payment is costing them an extra $5000. This is true EVEN WHEN THEY HAVE the $7000!!!! Buying good quality is the same type of deal. The best quality stuff always costs more - but it lasts longer, and doesen't break down, so in the long run you save money. Cheap crap generally doesen't cost much up front, but it's more than made up for that over the same time period. Thank God that there's enough people that understand this so that the manufacturers of the best quality stuff don't go completely out of business. Ted <<There's a reason for that and it's tied up in human nature. If given a choice people will prefer to pay $100 a month for 10 years for a particular product, than to pay $7,000 now, even when that monthly payment is costing them an extra $5000. This is true EVEN WHEN THEY HAVE the $7000!!!!>> Well, the nature of STUPID humans maybe...not me! Hard enuf for me to want to spend the 7000 I got, let alone the 7000 I AIN'T got. Frenchy Already here, sunshine. DAS SignatureFor direct contact replace nospam with schmetterling --- [...] > What's next? Borrowing from China? > Do you people believe the Chinese cars will be SO good, and SO cheap, they > will displace the cars we are buying??? Personally, I don't think so. [quoted text clipped - 4 lines] > > Arthur In all likelihood, Chinese cars will hit the market as "fringe players" which are mediocre in design and quality like the first Japanese and Korean cars, and over time, will mature to be competitive in many market segments. Consider the first Japanese cars sold in North America. They were low-end products which rusted badly and had power trains that were ok, but nothing more. Now, some of the best cars in the world are Japanese. Korean cars aren't that far along yet, but after only about 15 years in the US market, they are now serious players in the mid-size car and small SUV markets. Expect nothing different from Chinese cars. |
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