BIZCHINA> Top Biz News
Motown more like a ghost town
By Li Fangfang (chinadaily.com.cn)
Updated: 2009-01-15 21:32

 

Motown more like a ghost town
Compared with the empty booths of US and Japanese automakers, European carmaker Audi attracts more visitors with its Sportback concept car. [Li Fangfang/chinadaily.com.cn] 

 

Motown more like a ghost town
Chrysler exhibits its Jeep SUVs at the Detroit auto show. The company reported a 30 percent sales drop last year and a 53 percent decline in December. US auto analysts are worried that the once-thriving company will be forced to sell itself or be sold by majority owner Cerberus Capital Management LP, a New York private equity firm.  [Li Fangfang/chinadaily.com.cn] 

 


(For more biz stories, please visit Industries)