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A Chinese hostess poses with a Bentley at the Guangzhou International Auto Show in Guangzhou, in southern China's Guangdong province on November 20, 2008. China is expected to overtake the US as the largest auto market by 2015 and growth potential is huge with only 20 people for every 1,000 owning a car, compared to 700 per 1,000 in the US.
A Chinese hostess poses with a Mercedes Benz GLK300 model at the Guangzhou International Auto Show in Guangzhou, in southern China's Guangdong province on November 20, 2008. China is expected to overtake the US as the largest auto market by 2015 and growth potential is huge with only 20 people for every 1,000 owning a car, compared to 700 per 1,000 in the US.
Visitors gather to admire US automaker General Motors and its local partners exhibition of 24 models at the Guangzhou International Auto Show in Guangzhou, in southern China's Guangdong province on November 20, 2008. China is expected to overtake the US as the largest auto market by 2015 and growth potential is huge with only 20 people for every 1,000 owning a car, compared to 700 per 1,000 in the US.
Visitors gather to admire US automaker General Motors and its local partners exhibition of 24 models at the Guangzhou International Auto Show in Guangzhou, in southern China's Guangdong province on November 20, 2008. China is expected to overtake the US as the largest auto market by 2015 and growth potential is huge with only 20 people for every 1,000 owning a car, compared to 700 per 1,000 in the US.
Visitors pour into the Guangzhou International Auto Show to admire the various models on display in Guangzhou, in southern China's Guangdong province on November 20, 2008. China is expected to overtake the US as the largest auto market by 2015 and growth potential is huge with only 20 people for every 1,000 owning a car, compared to 700 per 1,000 in the US.
A visitor takes photos of a Buick Enclave SUV, a new model GM unveiled at the 6th Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong province, Wednesday, Nov. 19, 2008. The world's top automakers put on dazzling shows as they wooed Chinese buyers with their latest models. But for all the flash at this year's Guangzhou Auto Show, automakers face a dimmer outlook for global sales, even in the world's second-largest vehicle market.
A model poses with GM's Cadillac Escalade SUV at the 6th Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong province, Tuesday, Nov. 18, 2008. The world's top automakers put on dazzling shows Tuesday as they wooed Chinese buyers with their latest models. But for all the flash at this year's Guangzhou Auto Show, automakers face a dimmer outlook for global sales, even in the world's second-largest vehicle market.
Chinese models pose with a Ford Mondeo at the 6th Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong province, Tuesday, Nov. 18, 2008. GM, Ford, Toyota, Honda, Fiat,virtually all the big automakers turned out in force for the show in Guangzhou, capital of Guangdong, China's biggest single auto market with a population of nearly 95 million people.
A Chinese model poses with a Buick's new Park Avenue luxury sedan at the 6th Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong province, Tuesday, Nov. 18, 2008. GM, Ford, Toyota, Honda, Fiat,virtually all the big automakers turned out in force for the show in Guangzhou, capital of Guangdong, China's biggest single auto market with a population of nearly 95 million people.
A model poses with GM's Cadillac XLR luxury roadster at the 6th Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong province, Tuesday, Nov. 18, 2008. Smoke and flashing lights, dancing girls in white go-go boots, the world's top automakers put on dazzling shows Tuesday as they wooed Chinese buyers with their latest models. But for all the flash at this year's Guangzhou Auto Show, automakers face a dimmer outlook for global sales, even here in the world's second-largest vehicle market.
A promotion girl poses with a new model from domestic car maker's Geely Automobile at a showroom in Nanjing, east China's Jiangsu province on November 13, 2008. Car makers in China are locked in price wars, laying off workers and slashing forecasts as the financial crisis transforms what was once one of the auto industry's few global bright spots, as China's auto sales growth is expected to slow to 3.8 percent next year and 6.4 percent in 2010.
A Chinese man checks out a new model from domestic car maker's Geely Automobile at a showroom in Nanjing, east China's Jiangsu province on November 13, 2008. Car makers in China are locked in price wars, laying off workers and slashing forecasts as the financial crisis transforms what was once one of the auto industry's few global bright spots, as China's auto sales growth is expected to slow to 3.8 percent next year and 6.4 percent in 2010.
A Chinese-made Red Flag car is on display next to posters of the new models put out by China's First Automobile Company at the China first Automobile Company dealership in Beijing , China, Thursday, Nov. 13, 2008. Despite the global economic slump taking a toll on the global care market, China's auto market is likely to grow by 5 percent next year.
CHONGQING, CHINA - NOVEMBER 5: Workers on the Ford S-MAX product line at Chongqing Changan Ford Automobile Co factory on November 5, 2008 in Chongqing, China. The financial crisis has hit the global auto industry, with car sales in the European and American countries dropping severely, which also affects China's auto business. China exported only 44,400 cars overseas in August, a decline of 22.18 percent month-on-month and 11.29 percent year-on-year.
CHONGQING, CHINA - NOVEMBER 5: Workers on the Ford S-MAX product line at Chongqing Changan Ford Automobile Co factory on November 5, 2008 in Chongqing, China. The financial crisis has hit the global auto industry, with car sales in the European and American countries dropping severely, which also affects China's auto business. China exported only 44,400 cars overseas in August, a decline of 22.18 percent month-on-month and 11.29 percent year-on-year.
CHONGQING, CHINA - NOVEMBER 5: Workers on the Ford S-MAX product line at Chongqing Changan Ford Automobile Co factory on November 5, 2008 in Chongqing, China. The financial crisis has hit the global auto industry, with car sales in the European and American countries dropping severely, which also affects China's auto business. China exported only 44,400 cars overseas in August, a decline of 22.18 percent month-on-month and 11.29 percent year-on-year.