China Ahead of U.S. in Auto Sales for First Time

Interesting factoid from GM’s results today:

GM estimated the industry’s annualised selling rate for cars at 9.8m in the US in January, down from 10.3m in December, and less than China’s estimated annualised selling rate of 10.7m last month.

[via FT]

Related posts:

1. Must-Read China Reading: World Bank Quarterly
2. Catching Up: China, China, China, and, Yes, Malaysian Offroading
3. FRB’s Plosser: Screw You, Fed Futures!
4. Book: Jim Rogers’ "A Bull in China"
5. Random China Factoid du Jour