Auto Industry (Qìchē gōngyè 汽车工业)|Qìchē gōngyè 汽车工业 (Auto Industry)
Ford introduced its new global small car, the Fiesta, at the Beijing Auto Show. In China it will be built at the new $510 million assembly plant in Nanjing. The Fiesta will be a fuel-efficient offering for financially troubled Ford, but it will not go on sale in the United States until 2010. PHOTO BY RIKKI N. MASSAND.
Some 118 million vehicles, over 60 percent privately owned, were traveling China’s roads by 2007, although sales sagged in