Tuesday, January 12, 2010

Car Market King

The Wall Street Journal reports China Passes US as World's Top Car Market.

Personally speaking, that's a race I don't mind us losing. Unfortunately, I suspect that our loss of supremacy in this, less than illustrious, competition, has little to do with the US buying less cars and more likely attributable simply to China buying more.

Upon further consideration, I think this is a competition in which there are no winners - just losers - all the way around.

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