China’s GAC plans $15,000 SUV

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Paul Sancya/AP
The GAC Motors GS7 is shown Monday in Detroit at the North American International Auto Show.

DETROIT — Chinese automaker Guangzhou Automobile Group aims to sell a well-equipped five-passenger SUV in the U.S. for about the price of a compact car by the end of this decade.

Automakers from China have talked in the past about selling cars in the U.S. only to run into reality — such as a lack of dealerships to sell them or subpar quality by U.S. standards. But a top Guangzhou official said the company is already laying the groundwork to begin sales here no later than in 2019.

Guangzhou, known as GAC, unveiled three new vehicles Monday at the annual auto show in Detroit: a plug-in hybrid concept car, the five-seat GS7 SUV, and the electric GE3 SUV.

The GX7 SUV, with a leather interior, touch screen and automatic transmission, would cost from $15,000 to $18,000 in the U.S. at present, Director and General Manager Yu Jun said.

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