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Cadillac purchases are on hold in China

Stock rout has hit growth plans for automakers; would-be buyers have less cash to spend

Among the foreign companies with the most at stake in China are GM and Volkswagen, which both sell more than 30 per cent of their vehicles in the country.


THE rout in China stocks is posing another threat to the world's biggest car market, jeopardising growth plans for companies from Volkswagen AG to General Motors Co (GM).

Chinese equities have suffered the biggest plunge since 1996, leaving would-be buyers with less cash