China leading the US in car sales.
http://worldblog.msnbc.msn.com/archive/2009/02/09/1787089.aspx
An article on MSNBC has found that for the month of January China has actually sold more cars than the US. This does not mean that China is not facing any economic problems as this might just be coincidence that they have been doing so well this month.
Another possibility might be that over half of the buyers purchasing these cars are buying cars for the first time, which is not the same case in our market.
Of course car sales might not stay the same for China in the coming months but as of right now, they are doing well.
B. Padgett
An article on MSNBC has found that for the month of January China has actually sold more cars than the US. This does not mean that China is not facing any economic problems as this might just be coincidence that they have been doing so well this month.
Another possibility might be that over half of the buyers purchasing these cars are buying cars for the first time, which is not the same case in our market.
Of course car sales might not stay the same for China in the coming months but as of right now, they are doing well.
B. Padgett
posted by Brenn padgett at 2:51 PM
1 Comments:
I should probably check to see if anyone else has already posted the same story, sorry!
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