Automotive Industry

Chinese ready to enter Europe.(competition for carmakers)(Brief Article)

Automotive News Europe, January, 2005

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Just before the end of 2004, Chinese computer maker Lenovo bought IBM's PC business, a move that will propel it to the No. 3 position in the global market for personal computers.

The Chinese won't be joining the world's top 3 automaking nations yet, but they are poised to make their global ambitions felt, particularly in Europe.

Shanghai Automotive Industry Corp. is on the verge of consummating its partnership with MG Rover. And Chery Automobile now says it also will export cars to Europe as early as 2007.

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The question for Europe's volume carmakers is whether they are ...

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Automotive Industry

Chinese ready to enter Europe.(competition for carmakers)(Brief Article)

Automotive News Europe, January, 2005

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