From 2008 to 2009 the Chinese auto market grew by 45 percent. 13.9 million cars were sold in China last year compared to 10.4 million cars sold in America. The American car market plummeted 21 percent last year.
China is expected to become the world's largest car market in the next ten years. Both Ford and GM saw significant increases in sales in China in 2009.
-Anthony Alaniz
[Source: Detroit News]
No comments:
Post a Comment