The Chinese Automotive Industry – Opportunities in Diversity
China is now the largest single market for light duty vehicles, such as cars, light trucks, and sport utility vehicles.Speaking at a University of Michigan Transportation Research Institute sponsored conference titled "Inside China: Understanding China's Current and Future Automotive Industry," Mike Jackson, a senior executive of IHS Markit, said that there were over 25 million such vehicles sold in China in 2016.The market could easily top 30 million units by 2021.
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Samsung's $8 Billion Deal With Harman Can Be Its Break Into The Automotive Industry
Samsung has announced its $8 billion deal with Harman International Industries.The tech company is looking to break into the automotive industry.(Ben Sutherland / Flickr)Samsung announced that it's going to buy Harman International Industries.