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In response to
"63,000. I have zero idea -- nm"
by
prayformojo
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Tangentially: China produced 24% of the world's cars in 2011
Posted by
prayformojo (aka mayhem)
May 1 '13, 12:10
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"China was the world�s third-largest car market in 2006, as car sales in China soared by nearly 40% to 4.1 million units. Soon thereafter, China took the lead and became the world�s first-largest car market, as low vehicle penetration, rising incomes, greater credit availability and falling car prices lift sales past those of Japan. Furthermore, vehicle penetration in China still stands at only about 40 vehicles per 1,000 people, compared with approximately 700 vehicles per 1,000 people in the mature markets of the G7. "
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