Three Graphs About China and Cars

Three useful graphs about China’s expanding car ardor. First, monthly demand has doubled since January 2009 …

china-monthly-cars

… and the per capita ownership of cars in China is 1/20th that of Europe, or 1/40th that of the U.S. …

china-rel-1

… while the growth in China’s auto penetration rate isn’t really that high (yet), compared to neighbors like Korea. china-rel-2

[via J.P. Morgan]