China: A Rising Car Star?

As if U.S. automakers didn't have enough to worry about, new competition from the East is revving up. Jiangling Motors Co. (JMC) set up shop in the Netherlands this year, selling 400 cars in its first month. This fall it is moving into Poland as well. And JMC isn't alone. A growing number of China's 100-plus automakers, including Zhongua, which will soon sell cars in Germany, are eyeing Western markets. The Chinese have had great success in selling low-cost automaking tools worldwide, says Jay Baron, president of the Center for Automotive Research; marketing assembled cars is the next logical step. A...

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