Tuesday, February 9, 2010

Writer: Green cards for green cars? | Fox10tv.com

Writer: Green cards for green cars? | Fox10tv.com: "That's the accusation an automotive writer is leveling at the proposed HK Motor project in Baldwin County.

Charles Child with Automotive News said the Chinese company is setting up a visa factory for rich Chinese investors.

The editorial is a no-holds barred swipe at HK Motors, and it's proposed project to build their hybrid cars at a new plant in Bay Minette. Child said Chinese investors are only interested in getting green cards not building cars. He says the suspicions began when start-up HK Motors announced they will build three million vehicles a year within eight years.

'They're going to sell more vehicles than GM? It just doesn't add up,' Child said."