Another competitive threat is that foreign car makers increasingly are muscling into the budget-car segment traditionally dominated by domestic manufacturers.
WSJ: Business Asia: Changing Rules of the Road for China's Auto Industry
Foreign car companies continue to expand their North American production base.
Mr Moon's representatives initially hawked the idea around Beijing and Shanghai, where officials were sceptical about the ability of a church with no car-making experience to pioneer a foreign car industry in China.
Another local producer, Severstal-Auto, has sensibly decided that rather than taking on foreign car brands, it will instead specialise in small vans and trucks, demand for which will be driven by the fast-growing retail sector.
Small wonder foreign car makers such as Daewoo, General Motors and Ford, which had rolled out sleek cars with price tags 10 times more than what an average urban Indian household earns in a year, are shifting gears.
There's an unpublicized view among foreign-car lobbyists that General Motors is much scarier dead or bankrupt than alive.
Mr Smith points out that bigger foreign luxury car makers can spread their costs across a global market.
For the rest of us, it is of little doubt that competition from foreign owned car companies has led to higher quality and lower priced products for American consumers.
FORBES: Free Trade Is The Fix For Rising Health Insurance Premiums
India allows 100% foreign ownership, but requires car companies to be foreign-exchange neutral - what they spend on imports must equal what they earn from exports.
Meanwhile, foreign-owned car companies have created some 20, 000 new jobs in mostly southern factories.
FORBES: The UAW, Having Stripped Detroit Bare, Looks To The South
And they're not just going to look at some foreign-made car, they're going to say, you know what, GM is making the car of the future.
Then, the few attractive workplaces for aspiring British industrialists were provided by foreign-owned car firms such as Ford, which also had its European head office in Britain.
The Maruti 800 is the cheapest car with foreign technology in the market.
Unlike the car industry, foreign health insurance companies play very little role in the U.S. market.
FORBES: Free Trade Is The Fix For Rising Health Insurance Premiums
The move was also welcomed by CAR's Foreign Minister Come Zoumara.
The U.S. military also announced the Wednesday arrest in northern Arab Jabour of a man described as a foreign fighter who heads a car-bombing cell network.
In a brief spell as finance minister in 1994 (when he belonged to Mr Cardoso's party), Mr Gomes followed the sort of neoliberal policies he now criticises, such as cutting import tariffs to expose the local car industry to foreign competition.
With China's car market booming, foreign manufacturers are falling over themselves to invest in the country.
The government's response was not to raise import duties again, but to pass a measure intended to persuade foreign makers to revive the Russian car industry by setting up local assembly plants.
Chinese car makers still lag their foreign competitors in providing such after-sales service.
WSJ: Business Asia: Changing Rules of the Road for China's Auto Industry
The Retail International segment comprises of bancassurance activities in foreign markets and insurance products such as car, property and casualty, marine, and fire insurance.
China has said it will withdraw support for foreign investment in the country's car industry to encourage domestic carmakers, according to state media.
In Arkansas, Frank was stopped by state police "for no other reason than that he was a foreign-looking person driving an older car, " Greenough says.
This measure would bring the cost of employing the Big Three's car workers closer to that of foreign competitors based in America.
ECONOMIST: The Senate turns away America's carmakers empty-handed
Liaoning province has also enjoyed an influx of foreign investment in areas such as electronics and car parts, led by businesses from nearby South Korea and Japan.
In particular, there is a tendency to confuse the state of the car industry with the level of foreign investment, and the level of foreign investment with the state of the British economy as a whole.
When I went looking for a new car every friend I had suggested I buy a foreign brand.
For the first time in decades, foreign geoscientists had the opportunity to carry out fieldwork in the CAR and Chad.
Vietnam's 11 car companies, most of them joint ventures with foreign firms, sold a total of only 5, 000 vehicles in 1998.
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