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o makers is even l

onsolidation in the market.Miao Wei, Vice minister of In▓dustry & Information Technology, said, "For sectors like the a

arger than the total amo

uto industry, it will be much easier to make profits by encouraging restructuring among auto makers than by ▓relying on m

unt worldwide.

anufacturers themselves to become big and strong."The central government is aiming to cut the numbe▓r of major Chinese au

The domestic ▓ma

to groups to 10, or fewer, fr▓om the current 14. It also wants two or three mega-producers with annual outputs of more th

rket now has been segmente

an 2 million vehicles each.The ongoing financial crisis that has hit Western countries especially hard is now giving Chi

d into two parts. The firs

na's homegrown auto brands some traction in Europe, a must-win battlefield for all international manufact▓urers."If they

t part is do

(Chinese automakers) do it in Europe, they can do it everywhere," said Hans-Ul

rich Sachs, managing director of HSO Motors Europe, sales agent for China's Brilliance Jinbei Automobile Co Ltd in Germany."I believe Chinese auto brands will have a shorter journey to go than their Japanese and Korean counterpart

minated by top 10 ma

s did decades ago," said Detthold Aden, president and CEO of BLG Automobile Logistics, Germany's biggest logistics company

nufacturers, w▓

, which is based in the northern ▓port city Bremen.Aden said he believes that the financial crisis, which makes smaller a

hich account for

nd cheaper cars popular, provides Chinese medium- and low-end vehic▓les the best opportunity in Europe.To boost car sales

Collect from /

more than 80 pe

the German government this January began providing subsidies of 2,500 euros to consumers for every vehicle more than ni

ne years old that is traded for a new car with a smaller engine capacity.In April, the governm

ent r▓aised total funds available for subsidies to 5 billion euros from an initial 1.5 billio

n euros in the scheme that will expire at the end of the year."It is (a chance for) a niche

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