There have been many elements, external as well as internal, that led to the troubled state for the American auto industry. Even though I don't want to make a direct comparison between the situation in America and in China.
Apr. 23 , 2009If you don't like bad news, don't read this. The American auto industry, on which Chinese parts makers are still far too dependent, is on its end run to self destruction. In 17 days, Chrysler's stay of execution will run out. A month later is the deadline for General Motors, with emphasis on "dead."
Apr. 23 , 2009When China rose to the number one auto market in the world a couple of months ago, I have resisted to cheering this ascension to the top. In fact I agree with those who say that there is little to celebrate about this top position which could only be acquired so early because the US market was heavily hit by the economic downturn.
Apr. 17 , 2009