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chinese car market

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    REPORT: China rolls out 89 new models in six months - that's one every two days
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    Geely GE – Click above for high-res image gallery
    We've been hearing Chinese officials say for quite some time now that there are far too many automakers in the country for a healthy market in the long-term, but we didn't realize until today just how out-of-hand it may be. According to ...

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    Chinese gov't wants to consolidate major automakers to 10
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    China is determined to raise its annual domestic car sales to 10 million units this year, and also wants sales to grow by another 10% every year for the next three years. It aims to achieve those numbers with a comprehensive investment in the company's transportation sector, beginning with merging ...

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