Bricklin Delays Plans to Import Chery Cars
 Bricklin Interviewed at NAIAS by TACH Co-publisher Bob Gordon |
Washington DC September 14, 2006; The AIADA newsletter reported that entrepreneur Malcolm Bricklin has delayed plans for a third time to bring Chinese-made Chery cars to the U.S., reports Reuters.
Yesterday, Bricklin said his company, Visionary Vehicles, has "stopped officially taking money from dealers" until the joint venture with China's Chery Automobiles is signed, and will not begin importing Chery vehicles to the U.S. until the end of 2008 or beginning of 2009.
Bricklin had initially set a target of January 2007 for the first sales of the vehicles; he later moved back the date to the summer of 2007, and then again, to the end of 2007/early 2008. Bricklin says he has 50 dealers on board for the venture, and is planning to launch models priced from $15,000 to $45,000.
He predicts the cars should compete with luxury brands such as BMW, Lexus, and Mercedes.
