BMW's Chinese Partner Isn't So Brilliant, Pulls Out Of Europe
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BMW's Chinese Partner Isn't So Brilliant, Pulls Out Of Europe
Yes, China is on track to become the world's largest single car market. And yes, one or more native Chinese carmakers will likely become fully competitive in the global market within 10 or 20 years--as Hyundai, Honda, and Toyota have done over time. But there will be fits and starts along the way, and the road will be tough. Case in point...
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