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Originally Posted by R Leo
Truer than you'd think.
The Chery is being imported by none other than Malcolm Bricklin. In addition to swindling the Canadian government and New Brunswick out of several million on the promises of the gull winged SV-1, Bricklin also brought the first Subarus to this country in 1967. In the late 70's he began to import Fiat autos (the Fiat Spider 2000 was renamed the Pininfarina and the Fiat X-1/9 became the Bertone) to the US after Fiat pulled out of the US market and in 1985, after the Fiats still didn't sell well in the US, he started importing another low priced car similar to the original Subarus: that prime example of engineering prowess, the Yugo. Fortunately, Bricklin stopped importing them in early 1989.
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Not quite. Yugo America went bankrupt in '89. Once out of bankruptcy, Yugo's were still sold here in the US with a limited dealership market untill we blew the plant up in '93.
Every once in a blue moon, you'll see a fuel injected Yugo come across Ebay. I've even seen two automatic transmission models, and a couple of cabrio's. Believe it or not, the Yugo GV Cabrio fetches a nearly $10,000 price tag in the collectors market.
