First it was Korea, and now China with its communistic ways is getting into the Automotive Game. I think Daewoo has tried that and failed before merging with GM?
Check out this ridiculous quote.
But at least one privately owned car company, Geely Automotive, has a different picture of the future. Geely founder and chairman, Li Shufu, is blunt: "Joint ventures will fade away over time. Just like what happened with motorcycles. In the future, it will be private Chinese companies that rule the industry."
Little too much confidence there eh? A car built by people earning $3.50 an hour. Yeah, like they are going to rule the automotive industry with their cheap ass cars. I guess for cheap ass people looking for a car to get from point A to point B, and wouldn't mind dying in a fender bender, would be in a market for one.
Well, maybe it could happen 10 or 20 years from now. Hyundai was crap at first, but now it is feared by Toyota. :ugh3:
http://www.thecarconnection.com/index.asp?article=6981
Check out this ridiculous quote.
But at least one privately owned car company, Geely Automotive, has a different picture of the future. Geely founder and chairman, Li Shufu, is blunt: "Joint ventures will fade away over time. Just like what happened with motorcycles. In the future, it will be private Chinese companies that rule the industry."
Little too much confidence there eh? A car built by people earning $3.50 an hour. Yeah, like they are going to rule the automotive industry with their cheap ass cars. I guess for cheap ass people looking for a car to get from point A to point B, and wouldn't mind dying in a fender bender, would be in a market for one.
Well, maybe it could happen 10 or 20 years from now. Hyundai was crap at first, but now it is feared by Toyota. :ugh3:
http://www.thecarconnection.com/index.asp?article=6981