Malcolm Bricklin is apparently being forced to revise his plans for bringing a Chinese-made car into the
Ever since Bricklin began promoting his plans for Visionary Vehicles two years ago, he has identified his Chinese partner as Chery Automobile. However, the alliance with Chery has been rather informal and now with Chery deep into discussions with DaimlerChrysler about building a small car that could be exported from China to the U.S. and other key markets, Bricklin is scrambling to find other partners.
In fact, Bricklin gave one interview during Beijing Motor Show indicating the proposed alliance with Chery has all but collapsed.
Instead Bricklin is now talking with other Chinese Automakers, including two of the largest, Shanghai Automotive Industry Corp. (SAIC) and First Auto Works (FAW). SAIC, China's largest automaker, is the principal partner of General Motors and also has a separate partnership with Volkswagen. In addition, it owns the rights to MG Rover and is pressing ahead with plans to building its export capacity with the blessing of the Chinese government, according to GM executives familiar with the SAIC's plans.
FAW, another major Chinese company, is a longtime partner of VW.
Geely, which identifies itself as
"Malcolm will pick three partners in the first quarter of 2007, and I cannot stress enough that one of them may well ... be Chery," Wendy Tush, Visionary spokeswoman told the Reuters news agency. "We had a partnership and still very well may go forward with Chery, it's just that Chery will never be manufacturing all of Visionary's vehicles and cars," Tush said.
Bricklin is considered an innovator, having successfully launched the Subaru brand in the
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GM Unfazed by Chinese Partner’s Plans by Joseph Szczesny (11/20/2006)
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Dunne: Who’s Afraid of the Chinese Wolf? by Michael J. Dunne (3/27/2006)
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