Time for Automakers to Reinvent the Wheel

12 March 2009

At present, the financial turmoil is lingering. The best hope that automakers can have about the Chinese market should not simply be a continuous increase in demand for traditional autos to cushion them against the global financial crisis and economic recession. Instead, they should expect and do their most to help foster a steadily expanding market for green cars in China to underpin their future success. The huge potential of the Chinese market is unquestionable. The burning problem for automakers is whether they can translate it into reality with cleaner and more energy-efficient cars.

 

Chinese consumers need more autos to make their living more convenient, but they can definitely not afford to drive in the same old fashion that pollutes the sky, jams the street and exhausts energy resources. The Chinese government has rolled out measures to help boost vehicle sales as part of a multibillion-dollar economic stimulus package while stressing promotion of cleaner, more energy-efficient engines. Now, it is time for automakers to reinvent the wheel.

 

 

Source : english.chinabuses.com

Editor : Frederick

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Tags: Automakers Reinvent Wheel

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