China carmaker says it will sell sedan in the US.(News)(Uliou sedan)(Brief Article)

Automotive News Europe,  June, 2004  by Webb, Alysha

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Byline: Alysha Webb

One of the "young tigers," the controversial new breed of companies building cheap cars in China, says it's ready to sell its cars in the US.

Geely Holding Group, which only started producing autos six years ago, says it plans to export its small Uliou sedan to the US.

The Kia Rio-sized Uliou sells in China for 58,000 yuan, or about [euro]5,800 at current exchange rates. In China, the car competes with the Volkswagen Gol, General Motors' Opel Corsa-based Buick Sail and the Ford Fiesta.

Geely wants to become the first Chinese automaker to ...

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