As U.S. President Barack Obama landed in Shanghai for a weeklong visit to his largest creditor, China, the news awaited him that China’s Ministry of Commerce will investigate the U.S. government’s financing and rescue plans for the American auto industry, Shanghai Daily reports.
The move is part of China’s probe into possible dumping and subsidies on U.S.-made vehicles imported to China, the ministry said. Trade officials will be looking for dumping practices and for unfair government subsidies.
(Read More…)
Recent Comments
cartunez - Problem with minivans is they lack great color choices and auto manufacturer really don’t wanna push them because...
28-Cars-Later - Behind every great fortune is a great crime.
Kyree S. Williams - I’ll take a 2013 Taurus with gun-slit windows and a bevy of electronic sensors over the monstrosity that is the Multipla. It *is* still possible to...
Da Coyote - Beat me to it. After reading the earlier article on Gubmit Motors once again leading the charge to the rear, methinks you’ve hit the nail on...
jimbob457 - The goat is the key. Its presence was a transparent attempt by the CIA to shift the blame to Al Qaida.
mikey - Come on Doctor olds, you I both know that the phenomenal incomopetence of the senior management at GM played a huge role in the downfall of GM. Oh, no...
bball40dtw - The Costco ones? Those things are ridiculously good.
FuzzyPlushroom - The only mechanism of that type I’ve ever seen was on a 2000ish Buick LeSabre. I doubt the fellow who owned it would have even noticed any handling...
VA Terrapin - I didn’t say EU bureaucrats are trying to ban high powered, high CO2 emitting cars. But with carbon taxes, fleet average emissions targets...
tonycd - 100% disagree, on multiple counts: •The “do-over funded by the taxpayers without any consequences or repercussions.” No repercussions?...