U.S.’s Big Three automakers also need to be aware of their tougher marketplace in China, a growth star. From the Wall Street Journal:
Brilliance China (ÂçéÊô®) Automotive Holdings Ltd., one of the first Chinese companies to list shares in the U.S., is looking like a smart way to play China’s love affair with cars.
Car sales in China are booming, as the growing consumer class takes to the road, creating the world’s second-largest vehicle market after the U.S. China’s sedan market grew 30% to 5.18 million units last year. Domestic brands had a combined 29.1% share, ahead of Japanese makers’ combined 28.3%, for example. [Full Text, subscribers only]
