Fueled by increasing demand from China, as well as other developing countries, the Asia Pacific region is on pace to become the world’s largest car market by 2009. The region’s light-vehicle sales are expect to hit 23 million by 2009, compared to 22.7 million sales in Europe, the world’s current largest market by continent.
“Steadily rising incomes in the Asia Pacific region will make vehicle ownership possible for more consumers in those areas, and we expect China and India to remain the forces that drive future global growth,” Jeff Schuster, executive director of forecasting at J.D. Power, said in a statement.
The United States is still the largest market by country, but it is expect to be surpassed by China by 2025.
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08/23, 2:34 PM
posted by:
Jordan
oh snap!
08/23, 3:10 PM
posted by:
Commodore
No xxxxing xxxx. Why is everything being made such a big deal as “China will pass the US in _________”. No xxxx it will! They are a overpopulated country with 4 times as many people as us. It is downright sad that they are so poor right now. Of course their GDP, carmakers, and everything else will be bigger than us.
08/23, 3:24 PM
posted by:
Random Jerk
Who still thinks energy prices will be dropping?
08/23, 3:41 PM
posted by:
jackjimturkey
I wrote months ago that this would happen. Commonore, also take into account the number of people there who have never had a car and finally have the money (and government approval in some places) to buy one
08/23, 6:17 PM
posted by:
Karkat
Kinda makes you wonder about how we will ever change our methods of polluting this planet. We are having a hard enough time in the US to make change. With China getting more and more polluting with industry and cars, it seems even if the US went Zero emission, would it make a diff with China doubling the amount of cars in such a short period of time?
08/23, 6:17 PM
posted by:
CTS DRIVER
3 friggin billion people of course there is a demand for cars, they are the largest water buffalo market too, dont see anybody surprised about that.
08/23, 9:49 PM
posted by:
AMGoff
good thing the chinese aren’t particularly fond of the japanese… the General is gonna make a killing over there… atleast the chinese appreciate a good buick.
08/23, 11:30 PM
posted by:
55amg
Asia is the biggest continent
08/24, 1:25 AM
posted by:
Commodore
Yea biggest and post populated. Why is this such a surprise? Newscasters actually make it sound like its a huge blow to the US!! We are still better, no matter what happens we are a free society unlike China. Communism will fail there and we will become the sole superpower once again (until India comes), unless the Chinese are smart enough to privatize and become more democratic. If anyone protests US pollution, tell them to go to China and send a message to stop having 40 babies so you can run your farms, don’t buy cars that pollute like 50s cars, etc, etc, etc.
08/24, 2:00 AM
posted by:
Veda
Commodore, that’s a very ignorant view of China. If you’re been there in recent years you’d be highly surprised at how well the communist party is managing the country turning it into what would be the fastest growing market and exporter. Your so called free society is not so free unless you can drive more than 80 mph without getting a ticket. If you use international flights a lot, check out the prison-like security checks you’d have to go through just to get out of US!
08/24, 11:25 AM
posted by:
1c3d0g
Veda: oh yes, and I’m sure you haven’t seen the dark side of the country either, with people being locked up, tortured and massacred en masse. Don’t let the door hit your ass on your way out.
08/24, 11:48 AM
posted by:
CTS DRIVER
yeah no kidding 1c3d0g we dont kill our prisoners for body parts neither.
08/25, 12:33 AM
posted by:
kosai03
China is technically not a Communist country
08/25, 1:18 PM
posted by:
55amg
technically not, actually is
08/27, 11:50 AM
posted by:
jackjimturkey
The worst kind