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Restructuring will set the stage for a new golden age of China's auto industry

2015-01-21 14:39:20| Auto Dealers - Topix.net

Edward Tse and Bill Russo say the days of rapacious growth may be over for China's auto industry, but it will still set the pace with its sheer market size and mobile technology The old automotive industry model - a way to provide mobility for middle-class consumers - no longer fits the Chinese context, creating opportunities for innovation. After a decade of breathtaking growth, China surpassed the United States as the world's largest automotive market in 2009.

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Category:Automotive

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