Chinese automaker Hunan Changfeng Motor Co. Ltd. is hoping to
begin exports to the United States within two years, according to
company chairman Li Jianxin.
The Shanghai-listed company had already begun talks with a US
partner, said Li, but he declined to offer further details.
He was speaking after Changfeng became the second Chinese
automaker after Geely to debut at the North American International
Auto Show (NAIAS).
Changfeng, one of the biggest sports utility vehicle (SUV)
manufacturers in China, hopes to enter the US market with its SUVs
and pickup trucks.
Li said participation in the auto show was the first step of the
company's global strategy.
Li said Changfeng planned to produce 200,000 vehicles in China
with sales income reaching 26 billion yuan in 2007.
Many analysts believe Chinese auto manufacturers face major
difficulties in meeting US safety requirements and quality
standards.
Richard Wagoner, president of General Motors, said China's
carmakers should be cautious before heading West because the
quality of Chinese cars was still a major concern for the US
consumers.
(Xinhua News Agency January 10, 2007)