GUANGZHOU, China (AP) -- Smoke and flashing lights, dancing girls in white go-go boots -- the world's top automakers put on dazzling shows Tuesday as they wooed Chinese buyers with their latest models.But for all the flash at this year's Guangzhou Auto Show, automakers face a dimmer outlook for global sales, even here in the world's second-largest vehicle market.
Just as General Motors Corp. and other manufacturers are desperately looking to emerging markets to compensate for falling sales in the U.S., Europe and Japan, potential car buyers in China, Russia and other once sizzling markets are pulling back.
With the economy slowing in China, people are worried about their pay and job security. News about the global financial crisis and plunging markets is also undermining consumer confidence.
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