China announces volte-face on investment by foreign OEMs

Following hard on the heels of Volkswagen’s groundbreaking ceremony for its new Chinese facility at Changsha, in the south-central province of Hunan, the Chinese government appears to have reversed a previous policy of discouraging investment in new vehicle manufacturing facilities in its western region. According to a Bloomberg report, a joint Subscribe to Automotive World … Continued

• By Megan Lampinen
• May 17, 2013