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Mixed Fortunes for China Automakers
2005-04-30
Chinese models post next to a Chery car at the 2005 Auto Shanghai exhibition in China's financial capital Shanghai April 23, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. |
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SHANGHAI, China - The future of China's auto industry is unfolding on the packed elevated highways of this nation's commercial capital, as smaller cars from newcomers are nudging aside larger old stalwarts.... ... | Note: this page has been archived under Muzi Premium Version and is only available to premium members. Please use the Premium Personal Password (PPP) to log in.
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