Friday, February 6, 2009

China surpasses U, S in car sales

File this one under food for thought. Wouldn't it be interesting if we could spot the next big maker of cars in China? Or the big worldwide Chinese car maker of the future?

I wonder what a 100 share investment in Ford back in the early 1900s would be worth now. Hmm, not as much as it would have been worth had you sold it in the late 1900s.

Note to ancestors. Sell all my China auto stocks in 2099.
clipped from
Like the U.S. in the early 1900s, China has dozens of small but spirited car makers that grew out of the country's burgeoning sales growth last decade.

Chinese consumers bought 790,000 vehicles in January, according to General Motors Corp. In the U.S., total car and light-truck sales were just under 657,000 that month, according to Autodata Corp.

[china auto makers]
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