Chinese May Buy GM and Chrysler | The Truth About Cars
20/11/2008 § Leave a comment
Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, Chinas 21st Century Business Herald reports today.
A take-over of a large overseas auto maker would fit perfectly into Chinas plans. As reported before, China has realized that its export chances are slim without unfettered access to foreign technology. The brand cachet of Chinese cars abroad is, shall we say, challenged. The Chinese could easily export Made-in-China VWs, Toyotas, Buicks. If their joint venture partner would let them. The solution: Buy the joint venture partner. Especially, when hes in deep trouble.
That is sure to get the rah rah rah sis boom bah we’re number one crowd excited!
Two words of advice for American workers: LEARN MANDARIN!!