Bricklin Bails On Low-Priced Cars
Malcolm Bricklin's Visionary Vehicles LLC, which will import cars from China's Chery Automobile Co. Ltd., is abandoning plans to offer models much below $20,000 in price in 2006. Bricklin initially planned to import cars that would sell for as little as $10,000. He now says the distributor's lowest-priced car will be an Audi- and Lexus-fighter priced at about $19,000.
January 1, 2006
Malcolm Bricklin's Visionary Vehicles LLC, which will import cars from China's Chery Automobile Co. Ltd., is abandoning plans to offer models much below $20,000 in price in 2006.
Bricklin initially planned to import cars that would sell for as little as $10,000. He now says the distributor's lowest-priced car will be an Audi- and Lexus-fighter priced at about $19,000.
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