Chinese automaker plans to enter USA market in 2019

17 January, 2018, 16:36 | Author: Darnell Taylor
  • NATION-NOW     Chinese automaker at Detroit auto show We're coming to the U.S. in 2019     
       Chinese automaker We're coming to the U.S

"By emphasizing independent and innovative research, adhering to the highest worldwide standards in product quality and establishing world-class auto manufacturing systems, we aim to become a world-class brand built on highly developed production, R&D and marketing capabilities", Yu Jun, president of GAC Motor, said in a statement.

U.S. media has previously reported that company executives had been deliberating over a name change.

The Trumpchi sounds too much like Trump, a GAC spokesman told AFP at the Detroit auto show. The similarity to Trump is just a coincidence, Wang added. The GA4, then, was more a display of GAC's abilities as a carmaker as opposed to its first step in USA sales.

Special counsel subpoenas former Trump aide Bannon
He also said in that interview that "there's nothing to the Russian Federation investigation". As prosecutors hunt for criminal misdeeds, they have a number of arrows in their quiver.

Top US General says he is committed to improve relations with Pakistan
Pompeo further added "We are doing our best to inform the Pakistanis that this is no longer going to be acceptable". In addition, she expressed concern over the use of Afghan territory by hostile elements against Pakistan.

Lawmakers vow to 'get answers' from Bannon after round of questioning
Trump - the oldest president ever to assume office - underwent his first physical exam as president last week, and Rear Adm. President Donald Trump performed "exceedingly well" on cognitive screening during his recent physical examination.

The automaker, which has a research and development facility in Detroit, stated its goal is to grow to 1 million vehicles manufactured in the 2020. It showed video of seven different models during its presentation. One is a gull-wing compact electric SUV called the Enverge, which is still in the concept phase. The automaker says it will go over 370 miles on a single charge. Ltd. (GAC Motor) traveled some 7,800 miles to globally reveal its new signature sedan, the GA4, at the 2018 North American International Auto Show in Detroit. Wang said he didn't know what the brand's lowest-price vehicle would be in the US.

GAC sold just over 500,000 automobiles in China previous year, up 37 percent from 2016. But according to reports, the company could enter into a partnership with Italian-owned Fiat Chrysler. He says the company's vehicle quality will be ready for U.S. buyers, and it will work with USA partners to meet stricter United States safety standards.

It's not yet clear how GAC plans to enter the US market. Initially it will import vehicles from China but depending on sales, plans to build a factory in the US. The company which sells around 500,000 cars in China and 13 other Asian and Middle Eastern countries plans to enter the U.S. market in late 2019.


  • Thompson Siegel & Walmsley LLC Sells 13141 Shares of QUALCOMM, Inc. (QCOM)

    Moreover, Van Eck has 0.04% invested in Eaton Corporation plc (NYSE:ETN) for 113,510 shares. (NASDAQ:MDLZ) for 10,431 shares. It is negative, as 78 investors sold MDLZ shares while 422 reduced holdings. 21,193 were reported by Connors Investor Svcs.
    The odd  case of Bordeaux's Malcom

    The odd case of Bordeaux's Malcom

    Arsenal are working on deals for both players - and Malcom - but all three are unlikely to move to north London this month. Things are clear with his agents. 'He has not had his contract extended this summer just to give him away this winter.
    Detroit Auto Show: Biggest Changes in the 2019 Ram 1500

    Detroit Auto Show: Biggest Changes in the 2019 Ram 1500

    These gains don't mean more weight though, with the Ram 1500 weighing about 225 pounds (102 kg) less than its outgoing generation. We have 98 percent high-strength steel in the frame and 54 percent in the body structure to help provide durability.
  • Winfrey accepts Cecil B. DeMille Award at Golden Globes

    Winfrey accepts Cecil B. DeMille Award at Golden Globes

    Oprah has set a speculation about her possible joining in politics with her powerful speech in the Golden Globes Awards ceremony. Monday afternoon I received a Facebook message from my mom with a link to Oprah Winfrey's speech from the Golden Globes .

    Vikings just one game away from Super Bowl

    The Eagles beat the Vikings 21-10 in 2016, a game in which Sam Bradford was sacked six times behind a struggling offensive line. Both conversions occurred during the Saints first drive of the second half and helped New Orleans score its first touchdown.
    DAC nod to procurement of assault rifles, carbines worth Rs

    DAC nod to procurement of assault rifles, carbines worth Rs

    India's Ministry of Defense has cleared a proposal worth $554 million on Tuesday to purchase assault rifles and carbines. The decision was taken by the Defence Acquisition Council (DAC) headed by minister Nirmala Sitharaman.
  • United Kingdom  appoints 'minister for loneliness'

    United Kingdom appoints 'minister for loneliness'

    As part of this, she is to announce that the government is accepting a series of recommendations from the Commission. The two MPs welcomed the appointment and added: "Jo Cox said that "young or old, loneliness doesn't discriminate".
    Momentum-backed candidates elected to Labour executive

    Momentum-backed candidates elected to Labour executive

    Jeremy Corbyn says Labour is "not supporting or calling for a second referendum " on the UK's European Union membership. The comedian-turned-aspiring-politician has missed out on a place on the NEC for the second time - coming in fourth.

    MGM Resorts International (NYSE:MGM) Up 8.85%, Can the Run Continue?

    Following the completion of the sale, the executive vice president now owns 54,337 shares in the company, valued at $1,812,138.95. MGM traded at an unexpectedly low level on 01/15/2018 when the stock experienced a -0.23% loss to a closing price of $35.03.
  • Trump says he's no racist, opens DACA door

    A U.S. judge ruled last Tuesday that DACA should remain in effect until legal challenges brought in multiple courts are resolved. Circuit Court of Appeals, which ruled a similar 2014 deportation amnesty illegal based largely on the operations of DACA.
    Ben Stokes available for England cricket selection despite affray charge

    Ben Stokes available for England cricket selection despite affray charge

    Stokes apologises to Katie Price and her disabled son Harvey for a video that showed him imitating a TV clip of the youngster. England are now in Australia , where they lead the hosts 1-0 after the opening match of a five-game one-day series.
    Ram 1500 debuts with a 48-volt hybrid system

    Ram 1500 debuts with a 48-volt hybrid system

    The 2019 Ram 1500 will be available in 3.6-liter Pentastar V-6 that kicks out 305 horsepower or the legendary HEMI 5.7-liter V-8. Both engines are mild hybrids, using the eTorque 48-volt starter-alternator Fiat Chrysler introduced on the 2019 Jeep Wrangler.


Latest Far Cry 5 Trailer Spotlights Emergent Gameplay
Despite a sense of familiarity, it manages to avoid feeling redundant thanks to a drastic change in scenery. Hay begins the video by talking about the number of characters that will be featured in Far Cry 5 .

RIAG Joins Suit to Block 'Illegal' Repeal of Net Neutrality
Fifty senators have endorsed a measure to overturn the Federal Communications Commission's net neutrality repeal. The FCC order bars states and cities from imposing rules on broadband providers that contradict the FCC's plan.

Oprah Winfrey: Who is she and what are her political beliefs?
In 2011, the year she took her TV show off the air, she launched her own television network: the Oprah Winfrey Network (OWN). In fact, Winfrey told Bloomberg last March that Trump's election inspired her to consider the possibility .

BidaskClub Lowers Aerie Pharmaceuticals (AERI) to Sell
Finally, Sectoral Asset Management Inc increased its holdings in shares of Aerie Pharmaceuticals by 3.4% in the 2nd quarter. Schwab Charles invested 0.01% in Aerie Pharmaceuticals , Inc. (NASDAQ:AERI). 395 were reported by Mufg Americas Corp.

Investors Buy Shares of Regeneron Pharmaceuticals (REGN) on Weakness
Looking at some alternate time periods, the 12 month price index is 1.01048, the 24 month is 0.77532, and the 36 month is 0.89096. Evercore Wealth Management Ltd Limited Liability Company stated it has 0% in Robert Half International Inc. (NASDAQ:REGN).

Wilshere Not Expecting Contract Renewal In January
Former Manchester United defender Neville lavished praise on Wilshere for his impressive performances in recent weeks. Jack Wilshere must agree to a pay cut if he wants to remain at Arsenal , according to reports.

Analyst Research Roundup: Seaspan Corporation (SSW), Itau Unibanco Holding SA (ITUB)
BidaskClub lowered shares of Itau Unibanco from a "strong-buy" rating to a " buy" rating in a report on Monday, October 23rd. The Company provides a range of financial products and services to individual and corporate clients in Brazil and overseas .

Durbin grills DHS Secretary about Trump vulgarity regarding African nations
Yes, ma'am", Nielsen said in response to a question from Sen. "Your silence and your amnesia is complicit". The report did not consider terrorist activity by people born in the United States.

Dow Rockets Above 26000 for the First Time
The S&P 500 rose 0.5 percent to 2,801.35 in its first trip past that milestone. "No one is getting in early here", says Yardeni. Shares of SPDR Dow Jones Industrial Average ETF ( DIA ) traded up $1.25 during midday trading on Tuesday, hitting $259.16.

Meltdown, Spectre: US lawmaker asks Intel, others for briefing on chip flaws
In fact, German authorities recently warned about phishing emails trying to take advantage of those infamous bugs. Among the 237 fixes in Oracle's Critical Patch Update for January are fixes for both Spectre and Meltdown.