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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (67621)	8/14/2007 10:40:00 PM
From: ajtj99	Read Replies (1) \| Respond to of 116555

The cars you see depend on the area you were in. If you were in Guangdong, where there is a Toyota Camry plant and a Honda Accord plant, that's all you'd see. In Shanghai and some northern provinces, you'd see VW's. We ordered a Camry there in April, and it's due to be delivered in September. I believe it's the #1 selling vehicle in China. I think the Accord is #3, and the small Buick Sail is #2. You can buy a VW off the lot and have it the same day. All by memory. VW is losing a ton of market share to Honda, Toyota, and GM in China because they've been slow to adapt to the fast changing market there. VW used to ship their old tooling to China and punch out old models and sell them there. They were blind-sided when the Chinese started knocking off more recent Japanese and GM vehicles and dumping them cheap.