GlobalAutoIndustry.com Announces New 'Big Buyer Club' Program for GlobalAutoSourcing.com Customers

TROY, Mich.--GlobalAutoIndustry.com, the leading worldwide portal and intelligence source for the automotive industry, today announced the launch of the new Big Buyer Club program at its automotive sourcing portal, GlobalAutoSourcing.com. The portal was created with partner Shanghai KOWIN Automotive Components Co., Ltd, the global sourcing division of Chery Automotive Co.

The Big Buyer Club (“BBC”) is a GlobalAutoSourcing.com program that gives big buyers their own ‘virtual booth’ and more exposure on the portal, encouraging suppliers to interact with them online. BBC is a free program for big buyers and will provide them a single integrated interface with Chinese suppliers.

GlobalAutoSourcing.com, created to be the world’s largest B2B automotive sourcing portal, has had over 1,000 new suppliers register since the portal launched on January 18. The portal gives global automotive buyers immediate access to more than 6,000 qualified Chinese suppliers and is expanding to include a larger number of Chinese suppliers as well as suppliers from other countries.

BBC is a robust platform for potential qualified suppliers to independently contact global buyers through GAS. Big buyers can join BBC to get detailed information from potential qualified suppliers relating to a specific project and product and can also browse over 6,000 suppliers/factories located in mainland China and contact them directly. BBC also helps Big Buyers to build an ‘Online Sourcing Booth’ on GAS by creating a sourcing web page for them, with ID and Password. Big Buyers will also have the opportunity of holding periodic sourcing fairs or face-to-face meetings through GAS.

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.