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China Threatens to Break Into U.S. Auto Industry This Year
Hope you weren't counting on unemployment going down. Via InstaPundit.comChinese automakers are finally making their move on the U.S. auto scene. Geely Automotive in March finalized a deal to buy Swedish automaker Volvo from Ford. And BYD, the fastest growing Chinese automaker, has opened an office in Los Angeles and hopes to deliver its first vehicles to California consumers by the end of 2010. Posted by: ed 2010-05-12 |
| http://www.rantburg.com/poparticle.php?ID=296582 |