Headlines for Saturday, February 23, 2013
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China is 10 years from fielding global, competitive automakers, report says
Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, a report said. GM, VW and Toyota are outspending Chinese brands on r&d and lead in engineering, said Bernstein analyst Max Warburton. Read More »
