What China's Massive Auto Boom Means for Detroit

Some predictions have the Chinese auto market growing by 144% in the coming years. In this video, Brendan Byrnes discusses which auto companies are most likely to benefit. Right now, he says, General Motors and Volkswagen have substantial market share and are likely to expand on their stakes. Ford isn't as big in China as GM or VW are, but it's investing heavily and won't go away quietly. With a decline in Japanese auto sales stemming from the country's current anti-Japan attitudes, American companies could benefit, despite some headwinds related to regulations and infrastructure. Check out the video for further details.

Worried about GM?
Few companies lead to such strong feelings as GM. But ignoring emotions to make good investing decisions is hard. The Fool's premium GM research service can help, by telling you the truth about GM's growth potential in coming years. (Hint: It's even bigger than you think. But it's not a sure thing, and we'll help you understand why.) It might help give you the courage to be greedy while others are still fearful, as well as a better understanding of the real risks facing General Motors. Just click here to get started now.


Read/Post Comments (2) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 06, 2013, at 11:14 PM, justinphilpot wrote:

    it means America's auto makers will be moving more jobs to china. more unemployment in America, it just part of the change you bought into when you elected "yo-momma". you reap what you sow. enjoy.

  • Report this Comment On April 07, 2013, at 4:16 AM, arizonacharlie wrote:

    It's bad enough competing with workers who just make little or nothing per hour, but then they bring their cars into America with no tarrifs. Congress doomed the American jobs market when they passed the free trade agreements, our forfathers believed in fair trade, or tarrifs to protect our workers, and the tarrifs also went to run the government,which lightened the tax burden. Seems funny in our modern age our politicians are dumber than politicians 200 years ago.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2349584, ~/Articles/ArticleHandler.aspx, 12/18/2014 5:34:02 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement