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Foreign carmakers ramp up China investments

They continue to plough money into factories despite slowing sales growth as economy weakens

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If the fallout from the broader economic slowdown bleeds into the rest of the year, global carmakers may need to reconsider their China expansion plans, said James Chao, Asia chief of IHS Automotive.

Shanghai

FOREIGN carmakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

Market leaders Volkswagen AG and General Motors show no sign of letting up on their...

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