5 Biggest Auto Markets In 2011
China
After vehicle sales jumped a whopping 46 percent over 2008, China was
ranked the world’s biggest car market in 2009. After that, in 2010, this
country’s auto sales escalated another 32 percent, making China become
the leading over the U.S. The country’s largest auto market, Beijing has
also introduced limits on car registrations, raising fears the auto
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). China’s auto market showed its first decline in two years, as sales
dipped 0.1 percent from a year earlier; however, auto sales are up about
6 percent for the first seven months of the year. More interestingly,
the Chinese government has encouraged foreign automakers to establish
joint ventures and share technology with local companies, resulted in
numerous home-made brands such as Geely, Chery and Dongfang.
Japan
Despite being lost the top spot, Japan is home to some of the world’s
biggest carmakers with the likes of Toyota, Honda, Nissan, Mazda, and
Mitsubishi. Especially, Japanese auto sales fell over 23 percent to
373,058 units from the March after earthquake and tsunami. Toyota, the
country’s largest manufacturer, led the declines with its sales dropping
37 percent in the same period.
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France
France is Europe’s second-largest car producer after Germany with the
top two national manufacturers including PSA Peugeot Citroen (pictured)
and Renault.
United Kingdom
The fifth place: the UK is a world leader in the auto industry and the
original home to iconic brands such as Rolls Royce, Bentley, Jaguar and
Rover.
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The article reprinted in: http://www.hot-polo.com/blog/2011/10/5-biggest-auto-markets-in-2011/
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