China is introducing and testing a new, inexpensive, and sleek line of cars and SUVs in Europe. It is beginning to catch on. Anyone who thinks they are just playing and that they have no chance of taking on the big guys is making a mistake and missing a huge investment opportunity.
These guys are no fools. They have watched and learned from Japan and Korea and they are just getting started. They've got great names like Brilliance and Hover, and you will hear a lot more soon.
My bet is that they are going to move into the space -- not only of less expensive cars -- but of fuel efficient and alternative fueled automobiles. If that is so, their rapid and unstopable entry will be something to see. A wise investor will begin taking some positions in this market. Check out today's New York Times article on this.
Comments
Anonymous
July 14, 2007
Anything manufactured in China is beginning to look very good. I agree -- cars will be a big thing and not too long from now.
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Anonymous
July 16, 2007
I almost feel like cars are a passe investment. The market is so saturated and competitive and is ripe for some type of paradigm change. I'd be careful investing in cars - even from China.
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