Foreign automakers double down on China bets despite slowing growth

April 19, 2015 7:01 AM

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Foreign automakers double down on China bets despite slowing growth

SHANGHAI (Reuters) - Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

Market leaders Volkswagen AG (VOWG_p.DE) and General Motors (GM.N) show no sign of letting up on their planned investments, while Toyota Motor (7203.T) and Ford Motor (F.N) are also pursuing new China expansion plans.

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