China yesterday underlined the power shift from western car markets to Asia as data confirmed car sales in the country shot up last year and the government said it expected a strong 2010.
Car sales rose by nearly 53 per cent to 10.3m while total vehicle sales – including buses, trucks and the small commercial vans that powered much of last year's growth – rose 46.2 per cent to 13.6m units.
This allowed China to coast past the US and become the leading global auto market, several years ahead of expectation. US cars and light truck sales last year were 10.4m.
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