It appears that Chinese automobile manufacturers will be focusing on Mexico as their next market instead of the U.S. market.
This idea has risen after a major Chinese auto manufacturer, First Automotive Works Group, and a Mexican retailer, Grupo Salinas, have agreed to have Grupo sell First cars in Mexico.
First Automotive, a state-owned business, started in 1953 with help from engineers from the Soviet Union. It produces as many as 1 million vehicles a year through ventures with Mazda, Toyota, and Volkswagen and, of course, its own domestic operations.
The cars First Automotive plans to sell in Mexico will be priced between $5,990 and $7,720. Sales of the cars will start early in 2008.
More details can be found at Detroit News. Our take? First is probably taking this route south of the U.S. border beause it, like other Chinese automakers, have to suffer a delay in getting their cars to the U.S. market due to quality, safety and emission standard issues.
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