After an uncharacteristic deceleration in 2012, the world’s largest car market is again growing at a double-digit clip, writes Tom Mitchell in Beijing.
LMC Automotive, a consultancy, estimates that January to September sales of passenger vehicles in China increased 15 per cent to almost 12m units. That compares with expected growth of less than 8 per cent in the US for 2013, and projected year-on-year declines in Brazil, Russia, India, Germany and Japan.
China’s four richest urban centres seem to be overwhelmed with traffic congestion and related pollution issues.
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