posted on Jan, 6 2008 @ 03:44 PM
In 2008, Chamco Auto plans to become the first company to bring Chinese SUVs and pickups to the U.S. They are looking for an additional 60 highly
qualified dealers who are project to earn up tp $3,300 grpss profit margin for new vehicles.
$3,300 per vehicle sold? Thats a lot. Thats upper end Toyota territory.
Chamco plans to import an SUV this year starting at $13,500 or as the company stats "20 percent less than the competition".
The Suv is 187 inches long with a wheelbase, and would weigh roughly the size of the Chevrolet Equinox.
Interesting and controversial is Chamco's suggestion that they may import their vehicle partly assembled in Mexico
, then into the US, taking advantage of what amounts to a loophoole in NAFTA, which could let the pickups into the US without, say, paying the 25
percent tariff charged to inport pickups.Chamco Auto
This caught the attention of CNN's Lou DobbsLou Dobbs story
An attempt by communist China to circumvent U.S. trade laws that will almost certainly cost American jobs and give up a portion of this nation's
car market. A Chinese automaker exploiting a loophole in NAFTA. That automaker will assemble cars in Mexico after building a plant there, ship those
cars across the border and sell them, well, right here. It's a move that will, of course, benefit Mexico and China, but not the United States.
Will Americans stand for this?