Companies all across the business world have their eyes – and sales – focused on the emerging market in China. The country's economy has climbed rapidly in recent years and along with it, the income of its residents. China has taken the lead over the U.S. this year in the sales of new vehicles, and automotive manufacturers have taken notice. In particular, Ford and Volkswagen have set their sights on China’s emerging market.…

With the news of Detroit filing for bankruptcy, it is difficult to imagine that the automotive industry has not suffered immensely alongside the motor city’s financial woes. Even though the city has experienced significant financial issues, the automotive industry is alive and well. In North America, automotive plants are in full swing and slated to produce and sell 16 million vehicles in 2013 alone.…