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China to overtake the West in the Auto-Industry

 
 
 
 
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“In recent years, China has become the world’s fastest growing automotive producer,” according to a new report (pdf) from the Congressional Research Service.

“[China’s] annual vehicle output has increased from less than 2 million vehicles in the late 1990s to 9.5 million in 2008. In terms of production volume in 2008, China has surpassed Korea, France, Germany, and the United States, trailing only Japan.”

“China’s automobile industry has continued to expand despite the global economic downturn. From January to October 2009, more than 10 million vehicles were sold in China. If such growth continues, China is on its way to becoming world’s largest auto market,” the CRS said.

See “The Rise of China’s Auto Industry and Its Impact on the U.S. Motor Vehicle Industry,” November 16, 2009.

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2 Responses to " China to overtake the West in the Auto-Industry "

  1. “Lesson for whites: never teach a non-white any trade if you want to keep your nation strong.

    Europeans taught the Chinese how to build cars, now China will overtake everyone, all Europeans and whites all over the world will lose their jobs due to cheap labor from China.”

    The guy wh wrote this should be arrested or go back to school at least, how can someone be so racist, fuck you and your “white color” bullshit asshole!

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  2. Not surprising. The big 3 in North America have been ripping people off for decades. Crappy built, over priced boat anchors. Just toss in the Marxist Unions and you get a recipe for failure.

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