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Tuesday, April 28, 2009

New Straits Times: U.S. auto oversized against their Chinese corresponding

By Professional editor working for frbiz.

April 21 news this week in distress in the U.S. auto giant will be in Shanghai with a local novice match. They are using every means, to have become the world's number one car market in China getting a head start. Although the national government is seeking life-saving assistance, but the past few months, Ford and GM in the Chinese market is extremely good sales. China also has more than three months the United States as the world's largest auto market.

Malaysia, "New Straits Times" issued the portion, pointing out that Geely and Chery and other Chinese motor vehicle manufacturers over the past small number months sales recital is in addition very strong. They observed a advance and the possibility to become a worldwide brand label, has become excited. Market examine firm TNS Automotive Research Director, North Asia package亦农Monday in Shanghai before the unclasping of the International Motor Show said: "The monetary slowdown to China's in the household vehicle manufacturers to give a actual opportunity."

In the support of tiny motor vehicles for instance the pay for of duty enticements under the impetus of China's auto market in sales in March arrived at a record high of 1,080,000. Official statistics present that motor vehicle sales in the first quarter than the matching interval last year advanced close to 6 out of 100, arriving at 2,640,000. Despite tough sales in the first quarter, as showed by TNS financial gatherings in mainland China more than 1,000 client studies, there are still 45% of capability motor vehicle shoppers in China out of worries about the monetary circumstances to defer motor vehicle, and another 1 / 4 of capability shoppers motor vehicle allocation cut.

Package亦农believe that these factors are conducive to China's auto manufacturers. Compared with overseas competitors, they are usually more low-cost car manufacturing. He said: "They will act with caution from the consumer's benefit, and is positioning itself as an attractive alternative brand overseas."

In spite of this, GM asserted that the record on the Chinese market in the monthly sales records. In supplement, the business furthermore broadcast in the next 5 years the Chinese market to twice annual sales to come to 2 million plan. - 21396

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