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11/2/09

GasGoo/Reuters: World Automobile Industry: China car makers go west as rivals stumble

For the complete report from Gasgoo click on this link

Ford Motor Co. named the parent company of China's Geely Automobile Holdings as the preferred bidder for its Volvo car unit this week, paving the way for China's second possible acquisition of a major overseas automaker this year. A dozen China-centered auto deals have been proposed this year, underlining the growing international clout of the world's largest and strongest car market.

Click on this link for some questions and answers about how the shake-up in the global car market is playing out, and where it may be leading the auto industry.

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