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China Beat U.S. as Biggest Market

Written By Unknown on 12 Mar 2010 | 08.23

China's monthly car sales have exceeded the monthly car sales in the U.S. for the first time in January. China getting closer to title as the largest automotive market in the world.

Thus data released the Government of China in Shanghai, Thursday (9 / 2).

In January 2008, a total of 735,000 cars sold in China, down 14.4 percent from 860,000 in January last year. Thus the data from the Association of Car Manufacturers.

Meanwhile, because beaten crisis, U.S. auto sales continue to decline. In January U.S. auto sales fell by 37 percent or only reached 656,976 units. This figure is the lowest in the last 26 years.

Coveted company

China has surpassed Japan in sales of cars with a car salesman in the world's number two in 2006. With the number of middle class grows and becomes a potential market, China is very important for car manufacturers like General Motors, Volkswagen, and Toyota. Them in the U.S. market continues to decline as a recession in all parts of the world.

Mike DiGiovanni, GM executive director for global market sales estimate for the year 2009 cars in China will reach 10.7 million units and in the U.S. only 9.57 million units.

Most automobile sales in China are made by General Motors, followed by Volkswagen AG. Automotive sales of locally made, Cherry, also rose rapidly. GM sold a car as many as 1.09 million units in China last year, up 6 percent from the year 2007. Trucks and buses are the most cars sold in China

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