China’s Car Market Gets Tougher
The Chinese are clearly getting tired of having their automotive markets dominated by joint ventures which benefit foreign companies like GM (GM) and VW. That may make it much harder for the big car companies to get sales from the…
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The Chinese are clearly getting tired of having their automotive markets dominated by joint ventures which benefit foreign companies like GM (GM) and VW. That may make it much harder for the big car companies to get sales from the fast-growing market.
In a sign that China plans to build out its own car industry, the Shanghai Automotive Industry Corporation and Nanjing Automobile Corporation. Shanghai Auto is a partner with both GM and VW, but good things never last forever.
Douglas A. McIntrye
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
