LINE

    Text:AAAPrint
    Economy

    Chinese automaker ready to enter U.S. market

    1
    2019-01-16 23:20:56Xinhua Editor : Wang Fan ECNS App Download

    Chinese Guangzhou Automobile Group (GAC) Motor has said it is working on getting its vehicles ready for the U.S. market and plans to begin sales in the first half of 2020.

    In an interview with Xinhua, GAC Motor President Yu Jun said that he believes the GAC vehicles have now met the U.S. regulatory standards, while progressive refinement is still in process.

    The company is working with the U.S. regulatory agencies to ensure its compliance with requirements, Yu said, adding that once the U.S. regulators confirm that the vehicles are ready, the GAC Motor would begin to carry out its dealers and financing operation.

    The company was working to put all the pieces in place, Yu told Xinhua.

    The GAC Motor has already established a sales company and opened three research and development centers in the United States, two in California and one in Michigan, which laid a groundwork for setting up a U.S. dealer network in the future, Yu said.

    At the 2018 Detroit Auto Show, some 130 dealership representatives expressed their interest in acquiring a GAC dealer franchise, Yu said, adding that "there have been ongoing discussions with them" who represented 30 states and more than 1,100 dealers in the United States.

    The GAC Motor sold more than 535,000 vehicles last year in 16 countries. "There are so many uncertainties and unpredictable factors in the U.S. market. We'll continue to work harder to raise our brand awareness in the U.S. market and move toward," Yu said.

    Though the company has run into a few stumbling blocks on its path to the U.S. market, it has been closely following the U.S. customers' preferences. Americans are in favor of Sport Utility Vehicles (SUVs), crossovers and trucks. Fortunately, GAC makes plenty of sport-utilities, Yu said.

    Yu pointed out that the company will rely on its research and development centers to make sure the company was keeping its finger on the pulse of the shifting preferences in the U.S. market.

    He expressed hope that the GAC's focus on quality will help it gain the faith of customers.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 增城市| 海原县| 陇南市| 乌拉特中旗| 宽城| 墨玉县| 浦东新区| 延川县| 武山县| 汶川县| 邢台市| 永嘉县| 万宁市| 湛江市| 武宣县| 东平县| 崇义县| 新民市| 瓦房店市| 龙川县| 富裕县| 连山| 红原县| 新巴尔虎左旗| 藁城市| 义马市| 乐安县| 宜兰市| 镇远县| 赤峰市| 东源县| 收藏| 英山县| 普安县| 格尔木市| 霍邱县| 宜黄县| 邵阳市| 信阳市| 巴中市| 泸溪县|