Chinese auto growth slows

With the economic downturn hitting China hard, the auto industry there is struggling, most especially small domestic automakers with no export opportunity. And with no bail out in sight from the Chinese government, it would seem such companies are own their own. Until September this year, Chinese automakers were seeing double-digit growth in passenger vehicle sales, [...].

 Wed Nov 2008 07:11 (1 month, 3 weeks ago)
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