The Traderszone Network

Published in TZ Latest News 20 April, 2015 by The TZ Newswire Staff

Foreign automakers double down on China bets despite slowing growth

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 and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing new China expansion plans.