Slowing Chinese Economy Has Auto Industry On Eggshells

Slowing Chinese Economy Has Auto Industry On Eggshells
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Automakers benefited greatly from China’s rapid growth over the past decade. Chinese appetite for automobiles has been a critical income for manufacturers around the world. Even General Motors sold more vehicles in China than in the United States. However, China’s economy seems to be cooling. According to LMC Automotive, 2012 vehicle sales will only increase by… Continue Reading...