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Chinese Cars, Brilliance, Not Coming to Europe - Good News

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Chinese Cars, Brilliance, Not Coming to Europe - Good News

Posted November 6 2009 11:29 AM by luciscup 
Filed under: Auto News, Chinese Cars


Did we mention that China’s Brilliance hasn’t been doing so, well, brilliantly? The joint venture partner of BMW, and maker of supposedly homegrown Ersatz-BMWs (the sight of which makes any BMW engineer reach for a bottle of Jägermeister) had racked up losses to the tune of 9b Chinese Yuan ($1.3b) in the first half of the year. And now, its European importer went kaputt. HSO Imports, located in tax-friendly Luxemburg, declared insolvency. To the tune of silent, but audible “hipp-hipp, hurrah!” amongst Germany’s automakers. Break out the bubbly, another attempted Chinese invasion has been repelled.


[Details] In short, Chinese cars are unsafe and terrible and don't meet Western standards.



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