Bricklin Finds Chery Deal to Be the Pits

bricklin finds chery deal to be the pits

Malcolm Bricklin is deeply regretting his plan to import Chinese Chery cars to the U.S. Automotive News (sub) reports that the man who brought Subaru to America is suing his erstwhile Chinese colleagues for corrupt practices. This after losing $26m (of someone's money) trying to bring Cherys to the US. The suit alleges Chery has "systematically broken contractual obligations, stolen plans for vehicles, made cars designed by Western companies without paying for their rights, and made deals without the slightest intention of carrying them out." In other words, business as usual. Bricklin once described his partnership with Chery in glowing terms: "I have never met a more cooperative, more intelligent, more aggressive group to do business with. We're working together as if we've been working together for 100 years." And now… "We're going to get them for everything they've done." Bricklin reckons Chery is legally vulnerable in the states; an American designer has successfully sued his overseas imitators. No matter how this shakes out, it's good news Chrysler's plan to import Cherys into the US.

Join the conversation
4 of 16 comments
  • Rix Rix on Jul 21, 2008

    Here there be dragons. Doing business in China means accepting a level of corruption seen in few other places. I'm not surprised he is losing money, foreigners are pretty much fair game for whatever over there. Compare with Taiwan or Singapore which are culturally Chinese but easy to do business in.

  • Captain Tungsten Captain Tungsten on Jul 21, 2008

    I'm shocked! Shocked!, I tell you, shocked!

  • Rudiger Rudiger on Jul 22, 2008
    Rix Says: "Doing business in China means accepting a level of corruption seen in few other places."I don't know. That other former bastion of communism, Russia, would seem to rival the worst corruption anywhere in the world, and I would imagine it is every bit as structured, organized, and government-sponsored as the Chinese. There is virtually no aspect of Russian life that has not been infiltrated by the Russian Mafia (referred to as blatnoy, i.e., the Russian word for 'connected').

  • Capeplates Capeplates on Jul 23, 2008

    Nice to know that the USA suffers at the hands of the Chinese just like the rest of the world. Oh for the old days when a Warship up the Yangste was all that was needed to bring the chinese to their knees!