China's Booming Car Market Defies Pundits



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送交者: skipper3 于 2006-7-11, 23:00:04:

http://www.businessweek.com/globalbiz/content/jul2006/gb20060711_947833.htm?chan=globalbiz_asia_today%27s+top+story

You guys can can bitch about the perception of corruption forever but people are having more cash to spend on big items than ever before. Both GM and Ford are doing exceedingly well as I expected. VW is now years behind in terms of bringing new models on to the market. It looks like small car market has a lot of positive things going on...look forward to a healthy competitive environment in that segment to taking shape very soon, which will nurture a massive transition from immitation to innovation. Maybe the most unexpected thing coming from Chinese auto industry is a small car the world has yet to see.



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