Thursday, April 26, 2007

Is China an Opportunity - Or a Threat?

Seeing one of the most blatant styling ripoffs from a Chinese auto company - who managed to steal the Lexus RX350 on one end, and the Pontiac Torrent on the other end at the same time, inspired me to write the following piece.

Is China an Opportunity - Or a Threat?

Is the short-term gain worth the possible long-term pain?

By Chris Haak

04.25.2007

Nearly all of the major players in the global auto industry – GM, Ford, Volkswagen, Toyota, Honda, etc. – have a significant presence in China. Why wouldn’t they, after all? It’s a big market now, and a huge potential market that will only grow at a torrid pace over the next several years. Companies like GM and Ford who are seeing double-digit sales declines in their home market are seeing their sales in China growing at 20-30% per year. That’s good, right?
Click here for the rest of the article.

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