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Old 11-30-2013, 05:28 PM
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layback40 layback40 is offline
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Location: Victoria Australia - down under!!
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Quote:
Originally Posted by barry12345 View Post
Hard to say if they might buy many more labels at this time. Saab was a little early as the Chinese cannot meet oriental demand yet for their cars.

I estimate their automotive products will show up in north America before ten years have passed. This may not be a good thing for a lot of brands.

I am not expecting junk cars but suspect they will be cheap cars. Especially if all manufacturing is done in China. So far they have kept their currency value low. I now expect that for the next seven year period at least it will be as well.

I am possibly out of touch or out on a limb. Still I feel we are engaged in an economic war that is not being declared as such. What is worse is we seem to be losing it by my yardstick if this is true. China has plans in force to double it's economy in about seven years. Where are the plans for North America?
Over here we have had Great Wall pick ups & 4WDs as well as Chery micro's for a couple of years. That is going to stop very soon as they dont have traction control & ESC. These are going to be mandatory on new cars from the start of 2014 in Australia.
Great Wall has had a few problems especially with asbestos in gaskets & brake parts. The Chinese have little respect for other countries regulations. This will change though with import bans for non compliance.
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