Yesterday, we reported that China wants to be a market of 20m cars in 2012. We didn’t predict that, just reporting the news, ma’am.
A hue and cry ensued: “Can’t be!”
Commentator ohsnapback, who’s forte is lawyering, a much more complex field than economics, prognosticated an immediate burst of the Chinese bubble, with a mega tonnage of more than 100 times of our housing bubble. The argument was promptly defused. After all, China doesn’t borrow money. They lend it. Mostly to the U.S.
Then, commentator ra_pro rolled out the really big ordnance: “As I said many times previously: Demography is Chinese destiny as it is Japan’s.” If people would only stop prattling on about demographics, and would check their data first. (Read More…)
Posted in China, Editorials, Toyota
Tagged as Bertel Schmitt, car sales, China, peak oil, sustainability
Tagged as Bertel Schmitt, car sales, China, peak oil, sustainability
Recent Comments
28-Cars-Later - TTAC for the most part truly is critical thinking in action.
28-Cars-Later - GM, leading the way.
Moparman426W - I know that metropolitans in general are not rare, but I always assumed that hardtops were because I never see one. The hardtop that I was referring to...
Beerboy12 - Thanks, I will do that.
28-Cars-Later - @azmtbkr81 Based on sales, someone from outside the US could draw such a conclusion.
rolladan - 90s Japanese cars were my favorite for sure. I had a 4 age 20v swapped corolla, celiac all trac, and mr2 turbo modded to hell at the same...
AMC_CJ - I was in high school right in the middle of the whole Tuner-plosion. All the cool kids were getting used Integra’s, Civics, and the...
danio3834 - “I stumbled upon TTAC a few months ago and have been here nearly every day since. I like this site because it’s not always...
-Nate - LOL ~ Anyone who thinks your transportation make you gay or straight , obviously has serious issues they need to work on . When I ran my indie...
juicy sushi - MotoIQ is still fun though, and I can’t think of anywhere else that someone would willing attempt the Miatabusa.