Chinese auto makers going global

Overseas mergers and acquisitions have been important for measuring the international presence of the Chinese auto industry. Insiders say recent Chinese M & A cases in the US, will benefit both countries.

The Beijing West Industries Group of China, signed deals with the American auto parts producer, Delphi Corporation this week. In October, General Motors reached an agreement to sell an 80 per cent share of Hummer, to China's Sichuan Tengchong Heavy Industrial Machinery. Analysts from the US say the mergers and acquisitions will bring new opportunities to America's auto industry.

China's auto-makers are taking every chance to increase its international presence.

Zhou Tianbao, Chairman of Tianbao Group said "China's auto industry has just stepped up and the best way to go global is through mergers and acquisitions. "

But experts say challenges lay ahead for China's auto-makers, including problems of product differences and cultural misunderstandings between China and the US.