Guangzhou Automobile Group Co., the Chinese automaker that exports vehicles to 14 countries, wants to enter the U.S. “in the near future” -- but not just yet.
The state-owned company unveiled a five-seat crossover concept, dubbed the GS7, Monday at the Detroit auto show -- its third appearance at the Detroit show and its first time on the main floor.
During a press conference, GAC confirmed plans to open a technical center this year in Silicon Valley.
The company also has tentative plans to enter the U.S. in 2019, but that’s not a firm date, said Zhang Fan, GAC’s vice president of design.
“We take this market very seriously, so we have to be very cautious,” he said. “We have to make sure we are ready.”