皇冠体育app

As global auto companies look for ways to cut costs, "皇冠体育app is a natural" to produce "built-up cars and components," Wagoner said in an interview Monday during a visit to 皇冠体育app as part of a group of international business leaders, according to the report.

GM, the world's largest auto maker, and other struggling U.S. and European car companies -- which are laying off workers and cutting production at home -- have been expanding in 皇冠体育app, the world's second-largest vehicle market after the U.S., and one of its fastest-growing, the report commented.

Most foreign auto-making ventures in 皇冠体育app are aimed at producing vehicles for local buyers as more Chinese join the ranks of the middle class. But, increasingly, car companies are looking at 皇冠体育app as a possible low-cost production base, the report added.

GM sends engines made by one of its joint ventures with state-controlled Shanghai Automotive Industry Corp. to its plants in Canada and the U.S. The partners have also exported small numbers of Chevrolets, designed by a GM affiliate in South Korea, from 皇冠体育app to Russia and Chile.

Honda Motor Co., of Japan, exports its Fit compact to Europe from a plant in southern 皇冠体育app, while DaimlerChrysler AG is in talks with state-owned Chery Automobile Co., of 皇冠体育app, about making small cars under the company's Dodge brand for sale world-wide.

However, the report also noted that overseas manufacturing by U.S. car makers is a sensitive political issue in America and a point of contention with the United Auto Workers union.