Will Chinese Car Clones Take Over
October 12, 2008 6:22 am AutosThe North American Auto Industry is facing the biggest downturn in its history, with $Billions in losses every quarter. Plant closures and job cuts by the thousands are now a monthly occurrence. The story is different in China where they have begun pumping out more cars and trucks more than ever before. While most of their current vehicles built to date have been sold in China and Russia, they have been systematically progressing toward their stated goal of domination of both the North American and European Auto Industry. Cheap Chinese labour along with much lower manufacturing costs and environmental standards along with aggressive pricing are quickly making Chinese models a fixture in the automotive marketplace worldwide. Auto Industry experts have suggested that since these Chinese car clones look similar to the ones they are copying it is only a matter of time before westerners, stung by soaring gas prices, choose to buy these Chinese-built vehicles at a fraction of the cost of their domestic car counterparts.