Monday, May 18, 2009

As Detroit Crumbles, China Emerges as Auto Epicenter - washingtonpost.com

As Detroit Crumbles, China Emerges as Auto Epicenter - washingtonpost.com: "America's auto titans are dismantling their global empires. But across the Pacific, it's as if the global economic forces that have pummeled Detroit never struck. Chinese auto sales are up, and this year China is projected to displace Japan as the world's largest car producer.

Now, the auto world is buzzing that China's auto industry may try to pick up the pieces of Detroit -- at a bargain."

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