Chinese Auto Manufacturer to Sell Cars in US

The giant Chinese Carmaker Chery Motors will partner with Crysler to sell its tiny cars in the United States market. There is a huge demand worldwide for small inexpensive and fuel efficient cars.

It is estimated that this market makes up almost 70% of the cars sold globally. With brand new manufacturing plants and workers making only $1/hour the Chinese are poised to take over the automobile manufacturing industry.

These tiny cars appeal to poor people who cannot afford the big SUV and need budget transportation. With Walmart wages a person will soon be forced to take a scooter to work as fuel prices will surge in the future.

I see a bright future for Chinese automobile manufacturers as they build the small fuel efficient cars of tomorrow.