Daily Archives: December 26, 2013

China is stepping up its presence in Detroit auto industry

While the US automotive industry continues to rebound after its near collapse from the financial crisis few years back, China is quietly expanding its presence in the Detroit-based market.

Encouraged by the low price of real estate and the high level of advanced engineering talent, dozens of Chinese auto companies and suppliers are opening plants and offices in and around the Motor City, where they hope to one day sell cars to US buyers.