News Snapshot:
China has held the distinction of being the world's largest market for cars since 2009. According to the China Association of Automobile Manufacturers, more than 26 million new vehicles were sold in the country last year, over 11 million more than in the second-placed United States. The huge number of new vehicle sales in China captivated major carmakers worldwide, who are increasing investment to further explore the nation's potential. China is one of the largest markets for these companies. Back in 1988, Audi, a luxury brand of German car giant Volkswagen, started to produce vehicles in Changchun, Jilin province, in...
