Tough road ahead for Chinese auto industry

Automotive

Friday, October 10, 2008 21:07:55

	Tough road ahead for Chinese auto industry By TONY JIN Published: July 07, 2008 07:04 PM Auto sales growth slowed in May and June in the face of diminishing purchasing power at home. Shanghai Securities News writes that foreign governments are partly to blame for blocking expansion efforts of Chinese automakers You are currently reading 37 words of 713 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: General Motors , credit , auto , steel , tax , inflation , oil , CPI , Honda , Toyota	More Articles in Automotive > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Qingdao emerges as strong auto player Shanghai GM launches hybrid car New energy car development hampered in China Automakers withstand pressure from rising costs Rocket Capital, Red McCombs to buy Brilliance Auto stake Geely tops profit growth tables among domestic carmakers Auto industry: costs up, profit margins down

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