- GAC Motor said it will postpone its launch in the U.S. because of the ongoing U.S.-China trade war.
- The Chinese automaker has been expanding into several international markets.
The automaker, headquartered in Guangzhou in southern China, said its entrance into the U.S., which was anticipated for this year, will be postponed.
"The current relationship between the U.S. and China, the trade war, the relationship is uncertain" Hebin Zeng, president of international at GAC Motor, said at the opening of the company's new office in Hong Kong. "We postponed the plan to enter the North American market."
Zeng declined to give a specific timeline on when GAC could enter the U.S.
"In terms of when we will go into the market, we will have further discussions depending on the changes of circumstances," he said.
Geely is the only Chinese carmaker that sells in the U.S. through the Volvo Car brand that it owns.
GAC has been expanding into several international markets, particularly in the Middle East.