With backing from Warren Buffett, BYD is the only Chinese car company with any presence in America.
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The Ford Fiesta is a compact car that competes against the Toyota Yaris, Honda Fit, and especially Korea's offerings: Hyundai Accent and the Kia Rio.
It's a little difficult to talk about new projects when your country is $17 trillion in debt, but President Barack Obama has asked Congress to set aside $2 billion for alternative fuel research.
If you've been waiting to design your very own 2013 Ford Fusion, your wait is officially over.