Wednesday, November 25, 2009

REPORT: China's Changan delays plan to enter North American auto market

Filed under: China, Plants/Manufacturing, Earnings/Financials


Changan is coming to America, just not yet. Aiming to establish a base in Mexico with which to move into the U.S. market, the Chinese automaker signed a deal last year to build a plant south of the border. The familiar story of planetary financial catastrophe has encouraged Changan to tap the brakes on its plans, however.
Said the company's R&D head to Reuters, "We are still doing market research there. There Source: Autoblog RSS Feed

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