China’s biggest domestic auto brand signaled its ambition Friday to become a global player by signing Argentine football star Lionel Messi as an international ambassador to promote its brands.Chery Automobile Co. made the announcement at the Beijing auto show, where it plans to show 29 vehicles including four alternative fuel models.Messi is the reigning FIFA Player of the Year and stars for Spanish giants Barcelona.The Beijing show has become a focal point for a scramble by automakers for a piece of China’s fast-growing market.The show, in a country with almost no private cars 15 years ago, has risen to the top ranks of global auto industry events as China’s explosive sales growth drove this market past the United States in 2009 to become the world’s biggest.Foreign automakers are pushing to expand sales in China while young but ambitious local brands such as Volvo buyer Geely want to raise their profile. The auto show opened Friday to the media and opens Tuesday to the general public
Post Source : Messi is the reigning FIFA Player of the Year from Intro2u Blog- Just another introduction to the top collection of Celebrity News, Tech, Mobile, Movie news worlwide
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Posted by aliaswn
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The prices of cars in Malaysia as opposed to our income is just mind-boggling.I am a auto enthusiast but have been forced to drive second-hand cars as like many Malaysians. I just cannot come to terms to pay such unrealistic prices for cars.In 1986, a Toyota Corrolla or Honda Civic only cost RM25,000 – RM28,000. In the early 1990s, the prices rose to RM50,000.By mid 1990s, it was about RM80,000 and by 2000 it had breached RM100,000. A 1.8 sedan now costs RM110,000.A similar car in Thailand is RM20,000 to RM250,000 cheaper.The increase of car prices in Malaysia over the past 25 years was caused mainly by the protectionist policy the government had towards the local automotive industry. But surely after 25 years, it is time to dismantle such policies and let the rakyat enjoy their hard-earned income.Can you imagine the impact to our economy if the prices of cars were to come down?.Haven’t we sacrificed enough for one man’s dream?The government also stands to gain more income via various
Post Source : Car prices: Haven’t we sacrificed enough already from Intro2u Blog- Just another introduction to the top collection of Celebrity News, Tech, Mobile, Movie news worlwide
Tags: 8 years, afta, auto, auto enthusiast, auto enthusiasts, automotive industry, car, car buyers, car prices, early 1990s, earned income, government, honda civic, income, malaysia, Malaysians, mid 1990s, middle class, national budget, second hand cars, tariffs, tax burden, Thailand, toyota corrolla, umno, unrealistic prices, year
Posted by aliaswn
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