China Has Made Up Their Minds: 16 Million Cars This Year
The China Association of Auto Manufacturers (CAAM) is confident that total auto sales in China may reach up to 16 million units, says Global Times. They seem to be unfazed by the recent cooling-off.
With seven months behind us, even just a little growth will lift China over the 16m mark.
During the first seven months of the current year, China already produced and sold over 10m units. The 17.5m will probably remain elusive. Better luck next year.
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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