Chery Automobile Company President Yin Tongyao Wins China's Highest Business Honor

Chery Makes History in China - Targeted to Make History in U.S.

NEW YORK, Jan. 5 -- Visionary Vehicles Founder and CEO Malcolm Bricklin today proudly congratulated his friend and partner Chery Automobile Company President Yin Tongyao for winning China's prestigious Economic Person of the Year award for 2005. Mr. Yin also received an unprecedented special prize honoring "Self-development & Creation" for leading the Chinese automobile industry in four extraordinary categories.

   - Chery is the Chinese automobile export leader -selling in 38 countries
     with 41 key franchise dealers.  In 2005 President Yin prepared to make
     international export history by announcing Chery has teamed with U.S.
     based Visionary Vehicles to bring the first full line of Chinese luxury
     cars to North America.

   - Chery leads China in single brand automotive sales.  Chery has sold
     more than 100,000 of its popular QQ model, which represents a 129.8%
     increase over last year. With monthly sales of close to 10,000 cars,
     the QQ has been on top of for China's minicar sales list for a
     successive 11 months.

   - Chery is China's automotive growth leader.  With 185,000 automobiles
     sold in 2005, Chery more than doubled its 2004 volume.

   - Chery created China's first self-developed engine brand, ACTECO.

These honors were announced at the 2005 CCTV Awards Ceremony held in Beijing on December 28 2005.

Mr. Bricklin said he could not be more thrilled to see Mr. Yin receive these honors. "Yin Tongyao is an extraordinary automotive visionary and strategist who is leading Chery to history-making achievements both inside and outside China. We are delighted to be working with this talented executive and his aggressive and innovative team."

Photos of Chery Automobile Company President Yin Tongyao and Visionary Vehicles Founder and CEO Malcolm Bricklin can be downloaded from http://www.vvcars.com/yinaward/.

About Visionary Vehicles

Automotive entrepreneur, Malcolm Bricklin, and his team of experienced professionals established Visionary Vehicles as an international automobile company with the mission to bring an exciting new brand of aggressively priced, beautifully styled, high quality vehicles into North America.

After searching the globe, Visionary Vehicles discovered the ideal manufacturing partner in Chery Automobile Company (Wuhu, China). Over the past several months, Visionary Vehicles and Chery's manufacturing teams have created a dynamic working relationship that brings innovation, a long-term

product strategy, and "quick response" capabilities to the marketplace to give its brand an incredible competitive advantage.

Visionary Vehicles will also introduce a new retail experience for its consumers and is in the process of creating a revolutionary new design and consumer-friendly environment for the planned self-standing dealer facilities.