Fastener Shanghai
fastener
Official WeChat
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->U.S. automakers see great opportunities in ChinaYou are the 599204 visitors
Views:910   |   recommendation:   |   Votes:0   |   Discuss:0
U.S. automakers see great opportunities in China

U.S. automakers saw great opportunities in Chinese market as the trade issue between China and the United States appears to be moving into a new, calmer phase, automotive executives have told Xinhua.

The good news is that both sides have agreed to "stand down, to not change tariffs, to work together," said Ford CEO Jim Hackett.

CEO for Fiat Chrysler Automobiles (FCA) Mike Manley was happy to hear a change in tone in the negotiations between China and the United States.

"Obviously I'm pleased they're going to enter a period where the discussions are going to start up again and we'll see what happens there," he said.

"China for us is a relatively small part of our business so it really represents a significant opportunity. What we're working on is how to unlock that opportunity for us. So we saw a drop in the Chinese market for the first time in 30 years, something like that, last year. This year, I think they're going to be flat and they'll still be number one in the world," he said.

Herbert Diess, CEO for Volkswagen AG, echoed the sentiments of other executives. He believes that improved relations between the world's two largest economies will benefit not only both countries, but the global economy.

Source: Xinhua

2019/1/28 16:14:00

Previous:    Fastenal Reports Revenue on the Upswing
        Next:    Taiwan’s Fastener Export Reached New High in 2018

Recent Related News
German car production tumbles in second half of 2018--2019-04-15
China's passenger car sales continue to shrink--2019-04-15
Brazil's vehicle production drops 0.6 pct in first quarter--2019-04-10
German car production tumbles in second half of 2018--2019-04-10
China will continue to suspend extra tariffs on US vehicles, auto parts--2019-04-01
Japanese Automotive Fastener and Parts Maker Piolax Moves Production Due to BREXIT Woes--2019-03-28
Italian experts boost Zhejiang manufacturing--2019-03-23
China's auto sales continue to fall in November--2018-12-11
Donald Trump's tariffs will cost Ford $1B, CEO Jim Hackett says--2018-10-31
China's automobile imports surge in July--2018-08-31
Foreign firms cash in on China's manufacturing sector upgrades--2018-06-04
China's latest move on trade is a massive cut to car tariffs--2018-05-23

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener4fastener

Fastener Trade Show Suzhou



China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Fastener Fair India, Apr 25-26, 2019, Mumbai, India

•METALTECH, May 15-18, 2019, Malaysia

•IT BY FERROFORMA, Jun 4-6, 2019, Bilbao, Spain



Show Room



Offer Product

Latest News
• Europe threatens tariffs on American ketchup, cheese and fish over Boeing subsidies

• Commercial use of 3D printing picks up speed

Buyers' Guide
Company News

• Dongtai Huawei: One-Stop Supplier of Stainless Steel Fasteners

• Shanghai Fast-Fix: To Be the Preferred Supplier of Fastening Solutions to Automotive Industry Worldwide

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener