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Thursday, July 14, 2005

Swedes like Cheap Chinese...



Cars, that is.

According to a market research released by a Swedish automotive consulting firm, most domestic Swedish car dealerships are interested in importing Chinese compact cars that cost less than 50,000 krona ($6,400 U.S.) -- with 64% of the dealers already having begun importing plans.

Currently, many Chinese cars do not meet Europe's safety and emission standards, but experts believe that shouldn't be a problem given the number of joint venture manufacturing plants in China with the world's top car companies.

Source: ChinaCars