GlobalAutoSourcing.com - The World's Leading Automotive Sourcing Portal

TROY, Mich.--GlobalAutoIndustry.com, the leading worldwide portal and intelligence source for the automotive industry, today launched the fully-functional automotive sourcing portal, GlobalAutoSourcing.com, created with partner Shanghai KOWIN Automotive Components Co., Ltd, the global sourcing division of Chery Automotive Co.

GlobalAutoSourcing.com, created to be the world’s largest B2B automotive sourcing portal, allows automotive industry buyers and sellers worldwide to interact and complete commercial transactions online.

Representatives from both companies were on hand to demonstrate the portal to automotive and business media. Kevin Chen, CEO of Shanghai KOWIN/Chery Automotive and Ron Hesse, CEO of GlobalAutoIndustry.com, reviewed the portal’s benefits and participated in the official launch ceremony.

“Partnering with KOWIN/Chery puts us in a unique position in the automotive world today. Through this portal, we are able to put global buyers in contact with the high-quality, OEM grade Chinese suppliers they are looking for,” said Hesse. “Working with KOWIN and its parent company, Chery Automotive, not only guarantees users access to top quality suppliers in China but also provides a high amount of support and value in China’s booming automotive industry.”

The B2B automotive sourcing portal gives global automotive buyers immediate access to more than 5,000 qualified Chinese suppliers and is expanding to include a larger number of Chinese suppliers as well as suppliers from other countries.

“The global automotive industry is undergoing a profound revolution. Sourcing from emerging markets, especially China, has become imperative for those in mature automotive markets,” said Chen. “There are tens of thousands of suppliers in China, with vast differences in terms of quality and service capability. This creates challenges for global buyers sourcing appropriate suppliers in China.” KOWIN/Chery’s deep understanding of the Chinese automotive supply market and auto sourcing in China accelerates this process in China.

The portal provides a communication and commercial platform for global auto parts buyers and suppliers to interact and do business. Among the many features, it offers buyer and seller databases, live online forums, a 24-hour help desk, e-mail capabilities, business information, industry trends and news, as well as other global solutions to automotive enterprises. The portal also offers numerous value-added features and ‘offline’ activities such as training, certification, and face-to-face purchasing events. It aims to promote business between China and the U.S. and around the world.

About Chery Automotive and KOWIN

Founded in 1997, Chery Automotive Co. (CAC) is the fastest growing independent automaker in China. Chery is committed to developing world-class automobiles via cooperation with top engineering firms such as Lotus Engineering of the U.K, Mitsubishi Automotive Engineering of Japan, and leading auto design firms such as Bertone and Pininfarina of Italy.

Shanghai KOWIN Automotive Components Co., Ltd. was founded by two of China’s leading automakers, Chery Auto and Brilliance Auto, in May 2004 as a purchasing platform. KOWIN is now the sole sales agent for Chery’s tier 1 and tier 2 suppliers as well as the distribution agent of spare parts for Chery’s global operations. KOWIN provides professional sourcing services and international trade of auto parts by leveraging Chery’s supply base network of over 4,000 OEM qualified automotive suppliers, both in China and overseas. Over the last several years, KOWIN has had a number of successful cases of providing sourcing services to many foreign OEMs and big aftermarket buyers in China.

About GlobalAutoIndustry.com

GlobalAutoIndustry.com connects the worldwide auto supplier industry with the resources to effectively do business globally. Through the web site, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets.

Monthly eJournals provide targeted information and insight on doing business in foreign automotive markets and GlobalAutoIndustry.com Solutions provide effective international answers to suppliers’ global business and operational needs. The Company’s eJournals, including CHINAtalk, ASIAtalk, EUROtalk, AMERItalk, LATINtalk and GLOBALtalk HR, now reach over 25,000 automotive supplier subscribers worldwide.

Parent company, HCI Group Ltd., is based in Detroit, Michigan, with European headquarters in Amsterdam, the Netherlands.