GM's New $7,000 Car - But You Can't Buy it

GM's New $7,000 Car - But You Can't Buy it

GM is building a new four door sedan aimed at the middle class. But it's not for everyone. In fact, you can't even buy it in the United States.


If yo live in China, you can buy the new Baojun 630, a $7,000 four door sedan set to go on sale early next year, in partnership with SAIC, General Motors' Chinese affiliate. And to get into bed even tighter with its US partner, SAID bought up slightly less than one percent of the new GM stock that was released last week. That may not seem like much, but only a handful of people or companies bought enough stock to get near the one percent mark of the new GM stock.

It's the latest effort by the Chinese central government to push auto use into its mainland areas. In fact, GM already has a factory in Shanghai which produces Buick cars. There are plans for 100 new Baojun dealers during the coming half year - if the auto industry isn't thriving in the US, it certainly seems to be doing well in China.

Is the Chinese market small potatoes? Hardly. Last year GM sold more than 2 million vehicles in a single year in China. Still, the new $7,000 car was designed in Korea at GM's facilities there, so GM is spreading the work around.

It all makes you wonder how come we can't get a $7,000 car out of GM here in the US?

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ABOUT THE AUTHOR

Known nationwide as a leading Lemon Law attorney, Ronald L. Burdge has represented literally thousands of consumers in "lemon" lawsuits and actively co-counsels and coaches other Consumer Law attorneys. From 2005 through 2018, attorney Ronald L. Burdge has been named as the only Lemon Law Ohio Super Lawyer by Law and Politics magazine and Thomson Reuters Corp., Professional Division. Burdge restricts his practice to Lemon Law and Consumer Law cases. The Ohio Super Lawyer results are published annually in the January issue of Cincinnati Magazine. Ronald L. Burdge was named Consumer Law Trial Lawyer of the Year 2004 by the National Association of Consumer Advocates, the nation's largest organization of consumer law private and government attorneys. "Your impact on the auto industry has been magnified many times over because of the trail you blazed for others," stated NACA's Executive Director, Will Ogburn. Burdge has represented thousands of consumers in Ohio, Kentucky and elsewhere since 1978 and is a frequent lecturer to national, state and local Bar Associations and Judicial organizations. Burdge is admitted to Ohio's state and federal courts, Kentucky's state courts, and Indiana's federal courts. Other court admissions are on a "pro hac" temporary, case by cases basis.