Automakers fret as China clamps down on capacity, seeks consolidation

Filed under: News |

Some automakers in China are alarmed by proposed government restrictions on investing in new manufacturing capacity and the ways in which Beijing is trying to trigger consolidation of the country’s flabby auto industry through mergers and strategic cooperation.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/4gbzRyYiBSI/automakers-fret-as-china-clamps-down-on-capacity-seeks-consolidation-idUSKCN1LK0GZ

      

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