China becomes world's largest auto market
Published: 02 Jul 2009 22:27:05 PST
Shanghai, July 3 (Gasgoo.com)
China has outpaced the
United States in auto sales in the first half of this year, making itself the
largest auto market in the world - the beginning of what could be a lasting
trend.
Official
Chinese auto data for the first half comes out next week, but from January through May,
Chinese auto sales already topped 4.96 million units, up 14.29 percent from a year earlier, according to
China Association of Automobile Manufacturers (CAAM).
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