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China automakers gear up to go overseas
(Agencies)
Updated: 2005-07-20 07:26

Masaki Taketani, an analyst who studies Asian markets for Detroit-based CSM Worldwide, said Chinese automakers aren’t expected to make a big dent in the U.S. marketplace until at least the next decade. For now, he said, China lags others in design, engineering and advanced technology.

Taketani said China likely will follow the model set by Japanese and South Korean automakers, who have slowly gained U.S. market share over the past two decades.

“They’ll increase sales little by little, but right now we’re not optimistic,” Taketani said.

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