Medical and Hospital 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
Memory of lost Cyprus home haunts three generations

Debt traps threaten Nepal quake victims

Rebuild hearts as well as homes, pope tells quake victims

Number of displaced in Mosul op passes 125,000: UN

CAR TECH
China to offer global satellite navigation service by 2020

Austrian cows swap bells from 'hell' for GPS

Russia, China Making Progress in Synchronization of GLONASS, BeiDou Systems

Alpha Defence Company To Make Navigation Satellites For ISRO

CAR TECH
New study finds evolution of brain and tooth size were not linked in humans

Ancient DNA can both diminish and defend modern minds

Archaeologists: Chaco Canyon inhabitants likely relied on imported food

'Latest spoke in the wheel' drives brain-mapping advances

CAR TECH
Routes of migratory birds follow today's peaks in resources

'Drunken walk' math helps explain ecological invasions

Birds with big bills spend more time keeping warm

Scientists train DNA nanotubes to self-assemble a bridge between molecules

CAR TECH
Zimbabwe bans street food over typhoid, cholera fears

Why odds are against a large Zika outbreak in the US

Hong Kong reports second human case of bird flu

Hong Kong records winter's first bird flu death

CAR TECH
China to punish two top anti-corruption officials: Xinhua

Hong Kong rebel lawmakers met with protests in Taiwan

'Thousands' of pilgrims return to China before Dalai Lama event

Chinese official sentenced 10 years in vaccine scandal

CAR TECH
African leaders tackle piracy, illegal fishing at Lome summit

CAR TECH
Property and credit booms stablise China growth

China data and US banks propel equities higher

No debt-for-equity cure for zombie firms, says China

China's ranks of super-rich rise despite economic slowdown









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.