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| Changfeng plans to enter U.S. market in two years |
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| www.chinaview.cn
2007-01-10 11:16:57
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BEIJING,
Jan. 10 (Xinhua) -- 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 U.S. 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 U.S. 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 U.S. 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 U.S. consumers.
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