Interview with Troy E. Clarke and Mai Wei Cheng
For years, American companies have salivated over the prospect of entering Chinese markets. The automotive industry has proven no exception. Over the past fifteen years, American and European automotive companies have rushed headlong into the Chinese
automobile market in search of new profits. Though most major automotive companies now operate in the country, this fervor has not abated. General Motors (GM), the second largest automaker in China, continues to invest heavily in the Chinese market. Ford Motor Company, despite operating on a smaller scale, has also made considerable investments in the country. With the initial courtship now over and the Chinese auto market beginning to slowly mature, the Journal consulted Troy Clarke, GM Group Vice President and President of GM Asia/Pacific, and Mei-Wei Cheng, Vice President of Ford Motor Company, and CEO and Chairman of Ford Motor (China), as to the future of the automotive industry in China, and the potential worldwide impact of increasing Chinese participation in the auto industry.
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