The Asian automobile manufacturing market is abundant broader than several Yankee consumers understand it to be. Beyond Honda, Hyundai, Toyota, and different household names there are quite some automakers that are growing in size and respectability in their own markets. 2 of these companies have already committed to selling their models in the U.S., however there are three others worth knowing about and watching.
Beginning in 2007, two Chinese automobile makers will be exporting cars to the U.S. and Canada. Geely Automobile Company and the Chery Automobile Company are half of the first wave of latest Asian automakers getting ready to serve the U.S. market. I won't go into a lot of detail concerning these two makers, so please browse a connected article I wrote titled, "Chinese Cars: Redefining the Market," to learn additional concerning them.
Proton -- Proton Holdings, the parent corporation of Proton Motors, is the most important manufacturer of vehicles in Malaysia. Volkswagen and Proton signed a strategic partnership agreement in October 2004 whereby Volkswagen cars would be built on Proton assembly lines beginning in 2006. But the VW venture, Proton features a line of models of its own consisting primarily of subcompact and compact sized vehicles. Proton cars are currently exported to Australia and the corporate is eyeing the U.S. market maybe as early as 2010. Additionally to its VW relationship, Japanese automaker Mitsubishi owns nearly a 16% share in Proton.
Hindustan -- Since 1950, Hindustan Motors has been building cars for the Indian market. Their current line of cars, trying as if they were built within the Nineteen Fifties, don't match up to current world styling standards. However, the rising Indian economy has been providing outstanding growth across all business sectors and therefore the Indian automobile business is ripe for renewal. The Ambassador Grand, one such model, has recently been updated to satisfy current European emissions standards. Search for a Hindustan model to be exported to Europe initial before taking up the highly competitive U.S. market.
Tata -- Not like Hindustan Motors, India's Tata Motors is currently manufacturing cars that look as if they were designed recently. As the only Indian car company featuring cars designed and designed by Indians, the company's Indica V2 and Indigo compacts have received a good reception at the Geneva Auto Show. Plans to export on to the U.S. are thought of however Tata cars could get to the U.S. beneath another label before then, such as Ford or Dodge.
Beyond these five corporations other state run automobile producing companies have sprung up in communist controlled China. If Geely and Chery succeed, a lot of makes will follow and therefore the floodgates will be open. More selection is coming for consumers...for better or for worse.
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Adam has been writing articles online for nearly 2 years now. Not only does this author specialize in Asian Cars: Auto Makers to Watch
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