China Auto Maker Eyes US Market

December 11,2006

Hebei Zhongxing Automobile Co Ltd general manager Xiao Wei said the company is confident it will be able to sell its pickups to the United States as early as 2008 at its high-grade pickup Grandtiger release conference.

Zhongxing started preparations for entering the US market at the beginning of this year. First, it is cooperating with the China America Cooperative Automotive Inc (CHAMCO) to make products which will be sold in the US meet the required safety and emission standards. Secondly, Zhongxing is building an international service support and quality system.

Xiao also said if domestic vehicles can meet all US standards, which are relatively strict, and enter the US market with a price edge, they can keep pace with international products in quality and enter other markets quickly. So entering the US market is a top priority for Zhongxing.

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