Thursday, January 18, 2007

The Chinese Are Coming

Detroit News: A Chinese automaker called Changfeng Group Co. is displaying five vehicles in its exhibit at the Detroit auto show, which opens to the public on Saturday.

Detroit News: China surged past Japan to become the world's No. 2 vehicle market after the United States last year as car purchases by newly affluent drivers jumped 37 percent.

Detroit News: To protect against this growing threat (of Chinese cars), industries and policymakers are likely to push for tougher legislation in the new Congress to protect U.S. industries.

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