U.S. Market Not in China’s SAIC Short-Term Growth Plan

[ne_one]

U.S. Market Not in China’s SAIC Short-Term Growth Plan
Wards Auto
November 7, 2012
by James M. Amend

SAIC Motor based in Shanghai has no plans to build or sell vehicles in North America for at least several years, SAIC USA President Yi Lu says.

Lu’s remarks at an auto industry conference here today on the Chinese market come amid speculation that Chinese car companies looking to expand into the global arena might be tempted by a U.S. market rebounding from the recession.

SAIC USA recently opened its U.S. headquarters in Birmingham, MI, an upscale suburb north of Detroit, tasked by its Chinese parent to grow the company’s reputation in industry circles. The office’s primary function is to assist in the import and export of parts for General Motors’ Shanghai GM joint venture in China.

The two companies also have a JV with Wuling Automobile to build small commercial vehicles and share a design center in China. Additionally, they formed a holding company several years ago to build and sell Chinese vehicles in India.

Experts speculate most Chinese OEMs will enter global markets gingerly, focusing on regions where their products will be most competitive.

Full article at link.

[JeffInDFW]

TRANSLATION:
We have not yet been able to steal enough technology and corporate secrets from our American "partners" to be able to build a real car. Just give us a little more time, and we will finish our plan to screw the American automobile sector the same way we have every other sector we have entered. Thank you, Yankees.

[Dr. Show-Me]

"And when our car manufacturing companies are self-sufficient, we will demand that you withdraw from our country, leaving behind your massive investments, technical centers and assembly plants, having stolen all your secrets over the past 10 years."

[msmith1956]

Not to mention that they could have the largest dealer network in the US if they got Walmart to sell them.

[63GrandSport001]

Chinese car makers are still a long ways away from making a car that meets US emissions and crash test standards.

Even though the Chinese market is larger then the US market, there are far more profits in the US market then there are in the Chinese ma

[Dr. Show-Me]

Chinese car makers are still a long ways away from making a car that meets US emissions and crash test standards.

Even though the Chinese market is larger then the US market, there are far more profits in the US market then there are in the Chinese ma

The Chinese own Volvo, and could simply utilize the emission control technology they already own.

[hunchman]

Chinese car makers are still a long ways away from making a car that meets US emissions and crash test standards.

Even though the Chinese market is larger then the US market, there are far more profits in the US market then there are in the Chinese ma

Come on man you don't really believe that. They will make whatever your heart desires. This isn't 1970 anymore, China has accesss to the same technolgy that US has. They should have stated that the US market is not in SAIC's short-term growth because they are currently swamped with orders in China. When they build a few more factories and auto sales soften in China the USA will be their next target.

[JeffInDFW]

"And when our car manufacturing companies are self-sufficient, we will demand that you withdraw from our country, leaving behind your massive investments, technical centers and assembly plants, having stolen all your secrets over the past 10 years."

AMEN BROTHER. This has been the plan from day one. GREED on the part of American corporations blind them to all common sense.

[VS Ute 5Litre]

Come on man you don't really believe that. They will make whatever your heart desires. This isn't 1970 anymore, China has accesss to the same technolgy that US has. They should have stated that the US market is not in SAIC's short-term growth because they are currently swamped with orders in China. When they build a few more factories and auto sales soften in China the USA will be their next target.

Well yeah but if you believe some in this thread the Chinese can't do a damn thing without stealing it somehow

Guys this is not a sciphone its a car

[blesak]

thanks for all the information guys

[44 mpg by 2010]

Maybe not in SAIC Short-Term Growth Plans.

However, Volvo (Geely) was looking for US manufacturing capabilities in 2011 ... don't know current status. Further, the 2013 S80 V70, Model Year 13 D2 Auto 6AT diesel is NEDC rated 62.8 mpg(Imp) combined, probably EPA 47 mpg(US) combined with 119 gCO2/km.

What happens IF that shows up in the US?