Will China’s Next Export Be Automotive?
If you’ve been following news of the auto industry, you’ve likely heard about how China’s auto industry has been growing exponentially in the last few years. That said, they’ve still shown more potential than actual progress… until now. In a recent interview, an executive of Volvo claimed that the company plans to begin exporting Chinese-made cars to the United States as early as next year. Volvo is owned by Zhejiang Geely Holding Group, a company that ranks highly among China’s leading car makers. Chery also ranks among the makers, having expressed intentions of penetrating US auto markets since 2005, when it announced that it had teamedRead More →