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OPINION - WORLD MARKET - CHINA's car exports: From far-fetched to inevitable?
SHANGHAI,CHINA -DetNews.com/Autos Insider,by Michael J. Dunne/Detroit,MI,USA -May 20, 2005: -- When it comes to car exports today, there is little reason to fear the Chinese... In 2004, China exported just 10,116 cars. That's less than one percent of the 2.4 million cars built in the Middle Kingdom last year. The cars that do find their way overseas are early 1990s-era subcompacts (like the old Daihatsu Charade) priced around $5,000... "We started to import Chinese cars 4 months ago, we imported Geely cars. They're bad quality. Doors closing problems, problems with electric parts and others...." Chinese cars aren't even allowed to cross the border into developed markets like Japan, Europe or the US because they can't meet even the most basic emission standards... That's today!!! ... But peer down the road a few years and the picture may shift dramatically. Honda will export 50,000 China-built small cars to Europe beginning this year. Chery declares ambitions to export 250,000 cars a year to the United States, starting in 2007. There are even rumors that Chrysler will build a compact cars in China for shipment back to the US market... China-built cars for export will climb faster than anyone cares to think about. Chinese makers will push exports because they want to be globally competitive. Global automakers will resign themselves to exporting simply to survive in the China market...
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