Market News

China’s Hunger For Cars

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Authored by Dyfed Loesche via Statista,

With soaring car sales in China in mind, U.S. President Donald Trump might want to sway his Chinese counterpart Xi Jinping to grant American manufacturers easy access to the Chinese market. In 2008, sales in China caught up with those in the United States (at 6.7 million units). In 2016, sales stood at a whopping 24.4 million and counting. Sales of cars in other big manufacturing nations are almost stagnant.

 

Infographic: China's Hunger For Cars | Statista