Malcolm Bricklin to Address Society of Automotive Analysts on Future of Auto Industry

ANN ARBOR, Mich., Feb. 22, 2005 -- The Society of Automotive Analysts (SAA) -- in partnership with WJR Radio (760AM) -- welcomes Malcolm Bricklin, one of the automobile industry's foremost entrepreneurs, to its networking breakfast on Tuesday, March 15.

Bricklin's newest venture -- Visionary Vehicles -- represents the first new car company of the 21st century, and will be importing and distributing the first "signature" line of cars and light trucks .- an exciting new brand of aggressively priced, beautifully styled, high-quality vehicles .- from China into North America.

The theme of Bricklin's presentation will be "A Common Sense Approach to the Future of the Automotive Industry" and will outline his plan for revolutionizing the U.S. automobile market. Topics to be covered:

  *  Why the U.S. auto industry needs a transformation in order to survive.
  *  Dealer empowerment, consumer empowerment -- the new way.
  *  The role China will play in transforming the U.S. auto industry by
     satisfying unmet domestic demand.
  *  How the Chery-Visionary Vehicles partnership will redefine luxury at
     new price points in the U.S. market.
  *  An overview of Chery Automobile's state-of-the-art technology and
     facilities.
  *  The unrelenting pursuit by the Chinese government and Chery Automobile
     to improve the quality of its exports.

In 1968, Bricklin founded Subaru of America, Inc., now a leading importer of Japanese cars with U.S. sales of more than 187,000 vehicles. During the 1970s, he founded Bricklin Motors and produced the world's first "safety sports car," which was well designed, easy-to-drive, and decades ahead of its time in terms of driver safety. In the 1980s, he formed Yugo America, Inc. With 160,000 vehicles sold during its launch phase, the Yugo quickly became the fastest selling European import in automotive history. Today, Bricklin has returned to the roots of his success: Asian automobile imports.

The event will take place at the Westin Southfield Hotel, in the Southfield (MI) Town Center. The networking breakfast will begin at 7:00am, with program to run from 8:00 to 9:30am. Registration fees for SAA members at $35, non-members at $50, working press complimentary. Additional details including map and secure on-line registration are available at http://www.cybersaa.org/ ; Visa, MasterCard and American Express cards welcomed.

For additional information, contact SAA headquarters at 800/704-0051; fax 734/677-2407; e-mail to info@cybersaa.org

The Society of Automotive Analysts is dedicated to providing outstanding educational programs and superior networking opportunities to its members. SAA offers conferences, programs, its website and other forums in which to discuss, debate, and learn about a broad variety of subjects and timely industry issues.