which launched the

eveloping our own automobile industry," said Hui Yumei, an a

st commercial dual

nalyst with automobile▓ market research company Sinotrust.Esc

tric car last Decemb

alating competition and the specter of deflation are threate

it plans to start

ning to cut deeply into the profit margins of Chinese automake

s in the U▓nited St

rs, part▓icularly those that specialize in small cars that re

.The Shenzhen-base

tail at low prices.Total industry sales this year is widely

mo▓st from Obama's

timulus program. S

emission limits.Its

ales are also being

aggressiveness in de

driven by the need t

gs Co, a unit of

rs rolling out of production lines that were vastly expanded in previous boom years.However, f▓or those automakers that expect sales to fall this year, deep financial troubles are in the

Buffett▓'s Berks

hire Hathaway Inc,

offing, analysts warned.China, which overtook the US as the world's biggest auto market in January, saw its vehicle sales grow 3.88 percent in the first quarter to 2.68

bought a 9.9 percen

t stake in BYD f

million units, as the government's stimulus policy for▓ the automobile sector took effect. This is in stark contrast with other major global auto markets such as the US,

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