The Chinese carmaker industry is constantly faced with success as well as failure. Nonetheless, 18.5 million vehicles were sold last year in China, compared with 13.1 million in America.
Foreign cars are still preferred in China, according to The Economist. And the Chinese government’s dream of dominating the world car market still seems distant. However, due to technological and design joint-ventures and the fast growing domestic demand, the 'battle to make China more mobile has barely begun'.
Read full article: Chinese carmakers, Still in second gear >>