. 24/7 Space News .
CAR TECH
Cadillac keeps plan to sell Chinese-made cars in US
by Staff Writers
Detroit (AFP) Jan 10, 2017


Cadillac, among the most iconic American luxury car brands, plans to sell a Chinese-made hybrid vehicle in the United States despite President-elect Donald Trump's recent offensive against foreign-made cars.

In an interview during the annual Detroit auto show, Cadillac President Johan de Nysschen said manufacturing a new plug-in hybrid in China -- where the market for alternative drivetrain vehicles is far larger than in the US -- made more business sense than having assembly plants in both countries.

"The CT6 plug-in actually has quite a bit of US content in the car but nevertheless in terms of manufacturing tooling, it made economic sense to tool up only one plant for what still is a low-volume car," he told AFP.

"It would not have at all been economically feasible to tool up twice and so we are faced with a question: Either we don't bring the car to the US at all or we import it in low volume from China."

Cadillac, a unit of General Motors, produces the CT6 near Shanghai and the car is expected on US markets in the spring, making it the second GM model to be built in China and sold in the US.

Trump has recently attacked auto makers for seeking to import cars made in Mexico with lower-cost foreign labor, threatening them with stiff tariffs and casting a long shadow over the start of this year's international auto showcase.

Though outmatched in the US market by German and Japanese luxury brands seen as more prestigious, wealthier car buyers in China have given Cadillac a boost.

Sales in China rose 43 percent in the first 10 months of 2016 to 89,530 units but fell 5.6 percent in the United States to 133,234.

In the event of a trade war between China and the United States, Cadillac could simply stop imports of the CT6, de Nysschen said.

"And then the car would be produced only for the China market."

Sales of electrified vehicles represented fewer than three percent of the US market in 2016 and Cadillac would not envision a significant effect on its revenues in such a scenario, he added.


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Car Technology at SpaceMart.com






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CAR TECH
US charges VW executive with fraud in diesel scandal
Miami (AFP) Jan 9, 2017
US authorities charged a Volkswagen executive with fraud and conspiracy, saying he helped cover up the "dieselgate" emissions-cheating scandal, the Justice Department said Monday. Oliver Schmidt, who led the German automaker's US regulatory compliance office from 2012 to March 2015, appeared in a Miami court Monday to face charges he knowingly lied to US regulators. He did not enter a pl ... read more


CAR TECH
Hubble provides interstellar road map for Voyagers' galactic trek

NASA Assigns Upcoming Space Station Crew Members

Tech outlook dampened by political uncertainty

Space station battery replacements to begin New Year's Eve

CAR TECH
Arianespace to launch JCSAT-17 for SKY Perfect JSAT

Arianespace looks to the future with confidence

Mission contracts secure Commercial Crew operations for coming years

SpaceX concluded accident investigation, to start launching rockets again

CAR TECH
Hues in a Crater Slope

3-D images reveal features of Martian polar ice caps

Odyssey recovering from precautionary pause in activity

Small Troughs Growing on Mars May Become 'Spiders'

CAR TECH
China Space Plan to Develop "Strength and Size"

Beijing's space program soars in 2016

China Plans to Launch 1st Mars Probe by 2020 - State Council Information Office

China to expand int'l cooperation on space sciences

CAR TECH
OneWeb announces key funding from SoftBank Group and other investors

Airbus DS and Energia eye new medium-class satellite platform

Space as a Driver for Socio-Economic Sustainable Development

SoftBank delivers first $1 bn of Trump pledge, to space firm

CAR TECH
New active filaments mimic biology to transport nano-cargo

Manufacturing platform makes intricate biocompatible micromachines

Rice U probes ways to turn cement's weakness to strength

Au naturel catalyst mimics nature to break tenacious carbon-hydrogen bond

CAR TECH
Hubble detects 'exocomets' taking the plunge into a young star

Between a rock and a hard place: can garnet planets be habitable

The blob can learn and teach

Searching a sea of 'noise' to find exoplanets - using only data as a guide

CAR TECH
Flying observatory makes observations of Jupiter previously only possible from space

York U research identifies icy ridges on Pluto

Exploring Pluto and the Wild Back Yonder

Juno Captures Jupiter 'Pearl'









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.