My comment:
(a) The report cites
Kevin Chan, Global automakers unveil local China brands. Associated Press, Apr 24, 2011
http://in.news.yahoo.com/global-automakers-unveil-local-china-brands-072405525.html
(b) But AP had another report to that effect.
Joe McDonald, China's Electric car Tactics Rattle Automakers. AP, Apr 20, 2011.
http://washingtonexaminer.com/news/2011/04/chinas-electric-car-tactics-rattle-automakers
(China "has alarmed global producers that operate in China by pressing them to hand over know-how and limiting access to its market")
(2) Tom Orlik and Liam Denning, The Roadblock in GM's Route Through China. Wall Street Journal, Apr 20, 2011 (in the column Heard on teh Street).
http://online.wsj.com/article/SB10001424052748703922504576272991755225206.html
("Unlike the old JV approach, the joint brand involves intellectual property being held in common with the Chinese partner")
--------------------------Separately
(1) Kenneth Rapoza, China to Beat US Lamborghini Sales This Year. Forbes,Apr 23, 2011 (blog).
http://blogs.forbes.com/kenrapoza/2011/04/23/china-to-beat-us-lamborghini-sales-this-year/
(2) 通用欧洲总裁为英国汽车业敲警钟. BBC Chinese, Apr 24, 2011
http://www.bbc.co.uk/zhongwen/simp/uk/2011/04/110424_vauxhall_future.shtml
, which is translated from
Vauxhall boss warns over UK car-making future. BBC, Apr 24, 2011
http://www.bbc.co.uk/news/business-13179589
("Mr Reilly told the BBC that car makers were struggling because they had to import so many vehicle components")