Cooling Of Growth Expected In Word's Biggest Car Market

China fulfilled industry expectations to become the world's biggest car market in 2009, overtaking the US by a significant margin. The China Association of Automobile Manufacturers (CAAM) reported total vehicle sales of 13.64mn units in 2009, up 46.15% from 9.4mn the previous year. Although US data, showing sales of 10.43mn units, includes only light vehicles, China's heavy trucks account for just 650,000 units. Removing them from the equation still leaves China ahead by over 2mn units.

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