Executive Briefings

There Are Still No Chinese Cars in a Single U.S. Showroom

It's been more than three years since Chinese auto makers first sent chills down Detroit's spine with plans to sell cars in the United States beginning last year. China, now the world's second-largest automobile producer, was already selling low-cost vehicles in dozens of countries around the world at the time--with jarring success.
But with 2008 nearing an end, not a single Chinese-made car sits in a U.S. Showroom, nor is there likely to be one anytime soon. China's ambitious plans to crack the U.S. market are woefully behind schedule. The reason: the country's cars still haven't met the emissions and safety standards necessary to export to the United States.
Source: Fortune

It's been more than three years since Chinese auto makers first sent chills down Detroit's spine with plans to sell cars in the United States beginning last year. China, now the world's second-largest automobile producer, was already selling low-cost vehicles in dozens of countries around the world at the time--with jarring success.
But with 2008 nearing an end, not a single Chinese-made car sits in a U.S. Showroom, nor is there likely to be one anytime soon. China's ambitious plans to crack the U.S. market are woefully behind schedule. The reason: the country's cars still haven't met the emissions and safety standards necessary to export to the United States.
Source: Fortune