Global Automakers Lead Charge in China


While news about the auto­mo­bile mar­ket in the U.S. seems to get worse with each pass­ing month, sales in Chi­na con­tin­ue to grow. In March sev­er­al automak­ers set sales records in Chi­na, and the first quar­ter was up 21% over the first quar­ter of 2007. These sales gains were pow­ered by glob­al automak­ers. All this despite ris­ing infla­tion and a trou­bled Chi­nese stock mar­ket.