Visionary Vehicles L.L.C. · New York, NY United States
Company Description
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This link will open in a new window Visionary Vehicles has modified its vision. It was originally formed to bring low-priced, Chinese-made cars to the US through a partnership with China's Chery Automobile ; the deal fell apart when Chery backed out. Malcolm Bricklin -- Visionary Vehicles' founder and CEO and the idea man who brought Americans the Subaru and the Yugo -- is looking to build the first new car company that offers a full line of plug-in hybrid electric vehicles (PHEV), including an electric luxury sedan (EVLS). The Bricklin EVX/LS could hit showrooms by 2011. The plug-in hybrid would get nearly 100 miles to the gallon, seat five, and cost about $35,000. To read the full description, subscribe now.
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Key Visionary Vehicles L.L.C. Financials
| Company Type |
Visionary Vehicles L.L.C. Executives
6 executives listed for Visionary Vehicles L.L.C.'s New York, NY location.
| Title | Name & Bio | Contact |
| Founder and CEO | Malcolm Bricklin | Network |
| EVP Industry and Government Relations | Marianne McInerney | Network |
| Comptroller | Marybeth Higgins | Network |
Competition
Competitive Landscape for Visionary Vehicles L.L.C.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Visionary Vehicles L.L.C. Competitors
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