Visionary Vehicles (VV)
USA
Price projected around 26,500€
It was to be the North American distributor of Chery Automobiles. Bricklin's foray with Chery ended in mid-2006 after Chery allegedly used the relationship to enter the US market, then backed out of the contract with VV.
In a documentary film (The Entrepreneur) made by his son Johnathan, Malcolm Bricklin is shown with his lawyer in litigation against Chery auto makers.
Bricklin's strategy was to bring in cars and crossover SUVs that were competitive with German brands (Audi especially), but priced similarly to Honda vehicles. The lineup was to start with a mid-size car, a sporty coupe and small crossover. Later, with Bricklin funding, a bespoke line of front-wheel-drive vehicles was to have been developed. Following the front wheel drive vehicles, a rear wheel drive platform was contemplated which would have pushed Visionary into the Audi/BMW/Mercedes class of vehicles.
Bricklin's distribution strategy was to have dealers invest in Visionary Vehicles and in Chery, different from traditional dealer-distributor-manufacturer relationships. The dealer investments of $2-million were to be put in an escrow account until being used to fund investments in products from Chery.
All dealer-investors and other investing parties are suing Chery auto makers in China for breach of contract and several other categories of litigation for over $1 billion.
Plug-in hybrids
Visionary intends to bring a $35,000 luxury Mercedes-Benz S-Class V2G-capable PHEV to market around 2010. VV just announced it would compete for the X-Prize
USA
| http://www.vvcars.com/ |
Price projected around 26,500€
It was to be the North American distributor of Chery Automobiles. Bricklin's foray with Chery ended in mid-2006 after Chery allegedly used the relationship to enter the US market, then backed out of the contract with VV.
In a documentary film (The Entrepreneur) made by his son Johnathan, Malcolm Bricklin is shown with his lawyer in litigation against Chery auto makers.
Bricklin's strategy was to bring in cars and crossover SUVs that were competitive with German brands (Audi especially), but priced similarly to Honda vehicles. The lineup was to start with a mid-size car, a sporty coupe and small crossover. Later, with Bricklin funding, a bespoke line of front-wheel-drive vehicles was to have been developed. Following the front wheel drive vehicles, a rear wheel drive platform was contemplated which would have pushed Visionary into the Audi/BMW/Mercedes class of vehicles.
Bricklin's distribution strategy was to have dealers invest in Visionary Vehicles and in Chery, different from traditional dealer-distributor-manufacturer relationships. The dealer investments of $2-million were to be put in an escrow account until being used to fund investments in products from Chery.
All dealer-investors and other investing parties are suing Chery auto makers in China for breach of contract and several other categories of litigation for over $1 billion.
Plug-in hybrids
Visionary intends to bring a $35,000 luxury Mercedes-Benz S-Class V2G-capable PHEV to market around 2010. VV just announced it would compete for the X-Prize
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