InvestorsHub Logo

AutoInvestor

06/11/15 11:22 AM

#7469 RE: wj2005 #7459

Any international distribution with a publicly traded OEM
would be disclosed and Greentech-Saleen's PR would be blasting it
all over the Internet. Think about it. Does it makes sense that billion dollar corporations
are going to sign away Asian-China distribution rights to a start up company and a bankrupt Saleen?
No way possible. With the distribution rights comes dealership franchise sign ups, warranty coverage and spare parts supply. additionally the cars potentially need to be modified to meet Chinese fuel consumption and smog certifications.
The overhead required to manage a territory as large as China would be 100X the size of Greentech & Saleen.