It appears that the Chinese car makers SAIC and Dongfeng have plans to acquire the Big 3: "A take-over of a large overseas auto maker would fit perfectly into China's plans.
As reported before, China has realized that its export chances are slim without unfettered access to foreign technology. The brand cachet of Chinese cars abroad is, ...."
Read the full story here:
http://www.huffingtonpost.com/jane-hamsher/chinese-want-to-buy-the-b_b_144920.html
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