[Marxism] Chine now largest car market
S. Artesian
sartesian at earthlink.net
Tue Feb 17 10:22:53 MST 2009
Luko,
You need to get your facts, and your archives straight. You posted that
China was "now the world's largest" auto market, based on 1 months sales. I
responded below:
"No, China is not the largest market. Sales in China exceeded those in the
US in one month, for the first time ever. China's auto sales in 2008 were
5, 613, 499 units, less than half of those of the US. The top ten, of
more than 80, automakers in China account about 60% of sales. I believe 6
of these top 10 are non-Chinese owned companies. In February, SAIC, the
biggest local automaker warned of profit declines of 50% for 2009."
You started by talking about sales. I responded about sales.
You don't need a crystal ball to see the antagonisms in an economy. A
little close attention to Marx will work wonders. You seem to feel
perfectly comfortable making predictions about the
future glory and potency of China; I wonder what crystal ball your using for
those.
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