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March 26, 2008

'Chevy Built' With Engine from Communist China

OSHAWA, Ontario -- Some owners of the Chevrolet Equinox, a "compact" sport utility vehicle built in North America, might be surprised to learn the origin of the engine under their hoods -- it’s made in China. Last year, China exported more than $12 billion in auto parts, up from less than $2 billion in 2002 -- the majority to North America. The increase in exports has added to the problems plaguing North American suppliers. Most famously, Delphi, which is seeking to emerge from bankruptcy, has closed dozens of plants and moved some production overseas to become more competitive, including to China. Read more...

Posted by Editor at March 26, 2008 04:48 PM


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