Wednesday, May 13, 2009

China

China's automobile industry is in rapid development since the year 2000. In 2008, 9.345 million motor vehicles were manufactured in China, surpassing United States as the second largest automobile maker, after Japan. Moreover, due to the current financial crisis, China is the largest automobile market in the world for the first four months of year 2009, with total sale of 3.84 million vehicles. China may surpass United States and become the largest car market for the whole year of 2009. The top 5 car sellers are Volkswagen, GM, Toyota, Nissan and Chery.

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