Detroit automakers, it's past time to catch up with the Chinese

Korea Times News ·
Business Corporate China

The Big Three domestic automakers reported financial results this month and, as usual, tried to put the best spin on their numbers. As General Motors Chief Executive Mary Barra wrote in her letter to shareholders, “GM is performing well.” How do you say “Yeah, right” in Chinese? One of the most important economic engines for Illinois and the rest of the Midwest is getting badly outclassed in…

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