Originally Posted by
powerd
Mattnsw
Agree completely. By luck, I went to the Shanghai Motorshow last year - now the second largest in the world. I was staggered at the range of local carmakers and how quickly they are catching up. Sure, there is some junk, but don't be fooled - those ones are cheap(or funny "copies") so the locals can buy them in big numbers. Only the smaller, cheaper locals had interiors of lower quality than the VE, paint seemed quite good and plenty of locally made cars(some of which were remakes of imported cars) were better. Some had more technology. If this is what they are like now, and how fast they are improving, what will they be like in 5-10 or even 15 years time? And don't forget the Indians TATA and Mahindra.
It won't be ordinary Cherys at $10k, it will be fully equipped mid sized cars at <$15k, and larger cars at <$20k. Who wouldn't look seriously and probably buy? The big Euro names who build cars there now will also start bringing in their Chinese built cars - silly not to. And most Chinese makers are dead keen to sell internationally, but are overrun with buyers at home and know their safety and technology is not quite there yet. But they are all preparing for their global stampede. What sort of stoush will there be in the market then?
