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The Shanghai Auto Show 2009 closed its doors just recently, and this year’s exhibition has produced record results – largest exhibition area ever, more industry participants than previously, and highest number of visitors. An amazing performance given the current economic context, and the particular bad current shape of the global auto industry!

Chinese automaker Beijing Automotive Industry Co is in talks to acquire Chongqing Lifan Automobile Co, Lifan Group's auto making subsidiary, the Economic Observer reported Tuesday, citing people familiar with the deal.