China skips North Amer­ica’s big­gest auto show

China Daily (Canada) - - NEWS CAPSULE -

For the first time in eight years, Chi­nese car com­pa­nies are shun­ning the Detroit auto show, North Amer­ica’s largest.

Au­tomak­ers from China were not among the ex­hibitors when the show opened on Mon­day. That hasn’t hap­pened since 2006, when Geely Au­to­mo­bile Hold­ings Ltd made its de­but at the ex­po­si­tion, now in its 107th year.

Last year, State-owned Guangzhou Au­to­mo­bile Group Co, or GAG Mo­tors, was the lone ex­hibitor from China. This year, China’s sixth-largest auto maker is stay­ing home. Wang Shun­sheng, head of in­ter­na­tional busi­ness at GAG, said the Guangzhou-based com­pany skipped Detroit this year be­cause en­ter­ing the US mar­ket “re­quires a lot of study and in­ves­ti­ga­tion and we’re still in the process,” Wang was quoted in the Wall Street Jour­nal.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.