Reflection on the Experiences of US and European Automobile Industry to Hubei’s Future Development

Abstract

Surpassing the US in car sales in 2009. China has, since the world financial crisis, been showing big potential while US automobiles industry under complete depression. Green car, which has long been popular in European countries such as Belgium, has therefore become a key for the revival of the world car industry. As one of the three major automobile bases in China, how can Hubei benefit from the current challenge and development opportunity in the pro-crisis era?Key words: Saving and new energy vehicles; US automobile; decay; European “green” plastics; Hubei; development