General Motors, Toyota, Nissan and Honda dominate market share on the Mainland.
According to Businessweek, there are nearly 50,000 US companies operating on the Mainland. These companies have invested more than $50 billion since the early 1980s and more than 80% of the businesses are profitable.
Were it not for China, companies like GM and Ford may have already gone under.
Beijing has urged its auto makers to increase their competitiveness.
If only it were that easy. Hussein's two kids used to shoot their team players when they lost...but that's another story.
Geely, Chery and Shanghai Automotive were told to step on it, literally to develop their own brands for export to foreign markets.
China will eventually sell cars overseas but the Chinese have a huge disadvantage in that they do NOT have the manufacturing efficiency that a Toyota or Honda enjoyed from the getgo when they sped into the US and Europe in the 70's.
China, indeed has its work cut out if it wants to compete in the global auto market. 50 years? More?
What do you think?
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