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China’s Auto Industry,Survive and Thrive in the Storm

2008-12-27

China’s foreign Trade 2008年22期

The increasingly grave financial cri-sis has had an effect on all sectors of the economy both big and small,as such,the world's automobile industry could not have saved itself from this financial storm.From General Motors (GM),Ford or Chrysler,the U.S.auto gi-ants are suffering through the harsh climate together.Unfortunately,China's auto sector is also struggling to survive and thrive in the changing global auto market; however,the current financial storm also brings an unprecedented opportunity for China's auto industry,an opportunity to take a better po-sition in the reconstructing of the traditional order in the industry.