Auto Industry and Market of China

choi

My comment: I recommend two. If you are unwilling to register with Financial Times website, similar news can be found elsewhwere.

(1) GE Anderson, Beijing in the Driver's Seat: China still needs foreign auto makers, but investors would be wise to plan for the day it won't..Wall Street Journal, Jan 5, 2012.
http://calendar.yahoo.com/notepad?s=010612

Quote:

"But then Beijing realized that they [foreign auto makers] were not transferring much technology. The foreign companies brought in ready-made designs for Chinese workers to assemble but never collaborated with Chinese engineers on design.

"Easy profits from assembling foreign-designed vehicles are the simplest source [for China's state-owned auto makers].

(2) John Reed, Bentley Reports Best Annual Sales Since 2007 as China Overtakes UK. Financial Times, Jan 4, 2012
("Chinese customers are lifting the fortunes of Britain's heritage' car brands, which make the kind of large, plush vehicles favoured by chauffeur-driven businessmen")

Note:
(a) Bentley was founded in 1919 by Walter Owen Bentley.
(b) summary of this report: In 2011, China was the second largest market by units, after US in each case, for both Bentley and Rolls-Royce.