2007 Detroit Auto Show; Look Out, Here Comes CHAMCO AUTO!
PARSIPPANY, NJ - January 9, 2007: CHAMCO AUTO, a truly innovative automotive importer, will make a unique, celebrated stop at the 2007 North American International Auto Show on January 10 and 11.
* Developing an exclusive partnership with ZXAUTO China, providing the
importation of a line of entry-priced vehicles to the North American
market. CHAMCO AUTO will import, market and distribute SUVs and pick-
ups, starting in late 2007 to mid 2008 into Mexico and the US, and
plans to bring in sedans and crossovers one year after that. CHAMCO
AUTO is also negotiating with other Chinese car manufacturers to fill
out the line.
* Utilizing a unique business model that dramatically reduces costs by outsourcing a variety of functions to the world's leading Fortune 500 automotive experts in such areas as transportation and logistics; service, parts and warranty; legal; information technology and marketing.
* Employing the principle of "shared ownership" to ensure that all key stakeholders involved with CHAMCO AUTO are highly motivated to succeed. These stakeholders include our Chinese car manufacturers, outsourcing providers, executive team and our dealer partners.
* Only 150 joint venture dealer partners will be selected during our first two years to develop and ensure a superior dealer network for CHAMCO AUTO, with large exclusive territories.
The exciting unveiling of this unheard of entry-level priced line of pickups and SUVs at the 2007 North American International Auto Show, and the opportunity to become a part of this extraordinary event, will showcase the one of a kind opportunity.
CHAMCO AUTO, based in Parsippany, New Jersey, expects to become the first company to import Chinese-made vehicles into North America. Further information about ZXAUTO China can be found at www.zxauto.com.cn. Information on CHAMCO AUTO can be found at www.chamcoautohref>.