Chinese Car Company GAC Delays US Sales Plan
Chinese automaker Guangzhou Automobile Group may delay plans to sell vehicles in the United States because of the escalating trade spat between the world's two biggest automaking nations. The company in January said it would introduce a seven-seat SUV, called the GS8, in the U.S. next year, and it solicited dealers in March at the annual National Automobile Dealers Association convention. But the new 25 percent tariff imposed on Chinese imports by President Donald Trump has forced GAC to change its outlook.
\Source: Automotive News