Driven by the dream of making world-class Chinese automobiles[1]- Chinadaily.com.cn

Wu Song, executive director, GAC Group, and director and general manager, GAC Motor. [Photo provided to China Daily] Wu Song, GM of GAC Motor, thinks foreign brands’ days are numbered The man responsible for making made-in-China cars popular in China, a market hitherto dominated by foreign brands, clearly remembers how the bestselling Chinese model got its name Trumpchi. The story goes back nine years. Driven by the dream of making world-class Chinese automobiles Wu Song, 52 years old, executive director of GAC Group, and director and general manager of GAC Motor, was on a business trip to Northeast China. “I was deeply moved when I listened to a Chinese song, Chuanqi (Chinese for Legend), during a taxi ride.”

Source: Driven by the dream of making world-class Chinese automobiles[1]- Chinadaily.com.cn

Problems Ahead for China’s Auto Industry | Chinese Auto Industry

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After a summer slump where light vehicle sales fell year-over-year, the auto market in China crawled out of its cave in November. Sales picked up—as much as 72% in the lower-priced SUV market–after the Chinese government slashed the automobile sales tax in half. But the higher numbers won’t stick, predicts John Humphrey, senior vice present of global automotive practice for J.D. Power and author of a recent report on China’s Five-Year Plan for the auto industry. The industry can’t keep going the way it has without repercussions, both at home and abroad.

Source: Problems Ahead for China’s Auto Industry | Chinese Auto Industry