China’s Auto Boom Doesn’t Necessarily Mean Doom for U.S. Industry

China’s Auto Boom Doesn’t Necessarily Mean Doom for U.S. Industry

Impressively big smallness. That’s how Honda describes its new Honda Fit model, a “bite-sized wonder” the company is pushing to a U.S. car market suddenly hungry for fuel efficiency. The Fit is indeed a snazzy car, and features a customizable back seat that allows owners to alter the vehicle’s interior configuration on a whim. The most interesting aspect of the Fit, however, may be its nationality. Despite the Honda nametag, the Fit is half-Chinese. It is the product of a joint venture between Honda and China’s state-owned DongFeng Motors, and is also being marketed in Europe as the Honda Jazz. […]

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