Though the troubled U.S. auto giants GM, Ford and Chrysler have closed down some of their vehicle and auto-parts plants, the Chinese ventures and agencies of the Big 3 said that the production halts in North America will not affect their components supply and auto export to China, state media reported today.

More than 50% of Chinese consumers will choose to buy a German brand car if the US' "big-three" automakers - GM, Ford and Chrysler, do fall, a survey shows.

The Big Three need the bailout. They’re meeting with Congress today, armed with recovery plans and hope. Auto industry officials are pleading with Congress for a $25 billion government loan. If the Big 3 is denied the bailout, the Chinese auto market will become the dominant auto industry.