Thursday, September 30, 2004

Homegrown Chinese Car Makers

The Detroit News published a great article about Chinese car companies a while back. This identifies three of the biggest domestic firms: Geely Group, Great Wall and BYD Auto. Each of these firms has begun exporting cars to Africa and the Middle East. Geely has also begun selling cars in Mexico. Such penetration within NAFTA should have the U.S. players a bit worried. Especially with the absolute lack of intellectual property protection in China. Good news for smaller importers though, if we can get in on the action.