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 | A fashion model stood next to a car at the 2005 Auto Shanghai Exhibition in Shanghai, April 22, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. click to open  |  | Visitors view China's Chery M14 car displayed at the 2005 Auto Shanghai Exhibition in Shanghai, April 22, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. click to open |  | A Chinese visitor views the Lexus concept luxury coupe LF-A during the opening of 2005 Auto Shanghai exhibition in China's financial capital Shanghai April 22, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. click to open |  | A Chinese model poses beside a Honda Motor sports concept car during the 2005 Auto Shanghai Exhibition in China's financial capital April 22, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. click to open |  | A Chinese model poses beside a Ferrari car displayed at the 2005 Auto Shanghai Exhibition in China's financial capital April 22, 2005. Global car makers still see China as the promised land as growth stagnates in the developed world, but an escalating price war and rising materials costs are rapidly shaving profit margins, boding ill for those with a high dependence on the market. click to open |
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