NEW YORK-Visionary Vehicles LLC, an international automobile import and distribution company founded by Malcolm Bricklin, has announced an agreement with Chery Automobile Co. (Wuhu, China) to import a new line of low-cost vehicles to North America in 2007.
According to Bricklin-founder of both Subaru of America and Yugo America-the cars will cost 30 percent less than comparable models currently for sale in the United States and come with competitive, 10-year, 100,000 mile warrantees. Bricklin says he started Visionary Vehicles to create what he calls "a new standard for high quality and lower-cost cars in the global market."