BBC: China becomes biggest auto market

[touchring]

Old news, data for Jan, but i think the gap has widened further in February.

http://news.bbc.co.uk/2/hi/business/7880806.stm

China has leapfrogged the US to become the world's largest auto market, according to monthly figures from the Chinese state media.
In January 735,000 cars were sold in China said state TV, quoting the deputy director of the China Association of Automobile Manufacturers, Dong Yong.
Last week, preliminary estimates from US market research firm Autodata said 656,976 cars were sold in the US.

[metalman]

Re: BBC: China becomes biggest auto market

Old news, data for Jan, but i think the gap has widened further in February.

http://news.bbc.co.uk/2/hi/business/7880806.stm

China has leapfrogged the US to become the world's largest auto market, according to monthly figures from the Chinese state media.

huh... that's funny. didn't itulip post this recently?



if internal combustion engine output fell by 40% in oct. to 50% in dec. yoy, how much you wanna bet output fell 60% yoy in jan? but car sales are still strong? riiiiiiiiight.

[touchring]

Re: BBC: China becomes biggest auto market

This is for China's domestic market, exports are way down.

Easy to verify, just check the reports by the foreign car makers.

Beijing Hyundai Posts Sales Increase Despite Downturn
http://english.chosun.com/w21data/ht...903040012.html

Mercedes-Benz China car sales up 11% in Jan
http://www.chinaknowledge.com/Newswi...1&NewsID=21308

Honda Jan China vehicle sales up 16.8 pct
http://uk.reuters.com/article/oilRpt...12212720090217