China #1, US #2... China surpasses US in monthly vehicle sales

[LegendKiller]

Originally posted by: WhipperSnapper

Just another sign, perhaps, of China's ascendancy towards first world status and America's descent towards second- or third-world status.

lol.

 

[brandonbull]

Originally posted by: LegendKiller

Originally posted by: WhipperSnapper

Just another sign, perhaps, of China's ascendancy towards first world status and America's descent towards second- or third-world status.

lol.

+1 lol

 

[LegendKiller]

Originally posted by: sunzt
This is a pretty meaningful statistic. It's all about trends, and figures like these show that china is rapidly growing even during down times. It took many decades for America's car industry to mature and sell the amounts that it currently does in modern times. It took China only about couple decades to rapidly ramp up to surpass American sales, and it will only increase

What you are all witnessing is not just a sales figure comparison. It is part of the rapid expansion and growing consumerism in China that will soon overshadow America's consumer market. While exports have diminished, domestic demand has increased during these times and will continue to do so.

Are you kidding me? People aren't buying cars in the US, at all. Sales for cars are at a 36 year low. China's barely going anywhere and they're sliding backwards quickly.

 

[sandorski]

Originally posted by: WhipperSnapper

Just another sign, perhaps, of China's ascendancy towards first world status and America's descent towards second- or third-world status.

I agree with your first point, but think your second point is rather premature. Sure, it could happen, but it most likely will settle within First World status. It just won't be the dominant Economy that it has been for many Decades.

 

[LegendKiller]

Originally posted by: sandorski

Originally posted by: WhipperSnapper

Just another sign, perhaps, of China's ascendancy towards first world status and America's descent towards second- or third-world status.

I agree with your first point, but think your second point is rather premature. Sure, it could happen, but it most likely will settle within First World status. It just won't be the dominant Economy that it has been for many Decades.

I'm surprised you even see #1. China is a paper tiger until they can actually build a meaningful middle class.

 

[sandorski]

Originally posted by: LegendKiller

Originally posted by: sandorski

Originally posted by: WhipperSnapper

Just another sign, perhaps, of China's ascendancy towards first world status and America's descent towards second- or third-world status.

I agree with your first point, but think your second point is rather premature. Sure, it could happen, but it most likely will settle within First World status. It just won't be the dominant Economy that it has been for many Decades.

I'm surprised you even see #1. China is a paper tiger until they can actually build a meaningful middle class.

The trend is clearly showing they are well on their way.

 

[Jiggz]

Obviously, the discussion has miss the point. For the first time in history, Chinese purchased more vehicles than Americans did! Does this mean Chinese has a bigger market now! Of course, one date alone cannot justify a Yes answer. However, it does show that there is a reality or real potential that Chinese vehicle market can eventually pass the US vehicle market. This is especially true if US car market continues to decline while the Chinese market continues to rise.

 

[Knavish]

China's stat includes all vehicles (delivery vans, buses, cars, trucks, etc.)

The US stat includes only personal vehicles vehicles.

from: http://www.ft.com/cms/s/0/e99e...ac.html?nclick_check=1

However, auto market analysts in China said the figures were not comparable because the Chinese figure included all vehicles produced in China - including heavy commercial vehicles and buses - while the US figure did not. Chinese passenger car production last year was 5.8m.

and

GM said it estimated the overall annualised selling rate for cars at 9.8m in the US in January, compared with 10.3m in December, and less than China?s estimated selling rate of 10.7m last month.

 

[Eeezee]

Originally posted by: Train
Not an apples to apples comparison.

Not only is China (5?) times the size of the US, the vast majority of the people buying cars there are buying thier first car.

When money gets tight here, people can drive thier current car another year.

Neither of those facts in your first line are important or even relevant.

Car manufacturers are not going to say "Well, we could be selling a lot more cars in China, but that's actually a smaller percentage of the population than in America." They're going to see the larger market and cater more towards that market in future designs.

Some people in this thread seem to be taking this as an opportunity to say "Well America is still better hurrr." That's really not the point.

 

[bob4432]

Originally posted by: Train

Originally posted by: LegendKiller

Originally posted by: GTKeeper

Originally posted by: LegendKiller
Not to mention China's unemployment rate is soaring, in a month or two they lost more than 20MM jobs. They have a massive population heading back into the farm fields. Civil unrest is increasing.

China's recession will be huge.

Hard landing for China is inevitable, question is how hard?

Personally, unless the commies can bend like crazy, I think "regime change" hard.

I wouldnt go that far. remember Tienamen square? That was about as close as China got to going democratic. I dont see them getting any closer in the near future.

There will be some serious social pressures and the govt will bend, but it wont break.

there will be many executions in china in the coming months/years....they will start out looking like missing persons until the bending gets to far bent, then public

 

[Dari]

A country like China cannot achieve 1st world status. Impossible. 1.2 billion people + totalitarian regime means there is too much labor/competition to increase wage and enough cronyism and corruption to steal tax revenues, denying the populace necessary public services.

I don't even believe all the stats coming out of their government offices.

I was at the Japan Society yesterday where they were talking about East Asia and the new Obama Administration. China is a major force (the last Administration was begging it not to sell anymore US debt after they sold an initial amount that sent mortgage rates through the roof) but their strategy of copying Japan isn't feasible. They really need to work on their internal problems.

 

[Train]

Originally posted by: Eeezee

Originally posted by: Train
Not an apples to apples comparison.

Not only is China (5?) times the size of the US, the vast majority of the people buying cars there are buying thier first car.

When money gets tight here, people can drive thier current car another year.

Neither of those facts in your first line are important or even relevant.

Car manufacturers are not going to say "Well, we could be selling a lot more cars in China, but that's actually a smaller percentage of the population than in America." They're going to see the larger market and cater more towards that market in future designs.

Some people in this thread seem to be taking this as an opportunity to say "Well America is still better hurrr." That's really not the point.

No, thats not what we're saying, and no, thats not the point.

 

[Onita]

Originally posted by: Eeezee

Originally posted by: Train
Not an apples to apples comparison.

Not only is China (5?) times the size of the US, the vast majority of the people buying cars there are buying thier first car.

When money gets tight here, people can drive thier current car another year.

Neither of those facts in your first line are important or even relevant.

Car manufacturers are not going to say "Well, we could be selling a lot more cars in China, but that's actually a smaller percentage of the population than in America." They're going to see the larger market and cater more towards that market in future designs.

Some people in this thread seem to be taking this as an opportunity to say "Well America is still better hurrr." That's really not the point.

Care to explain how neither of the facts in his 2nd line are important or relevant?

 

[Schadenfroh]

Originally posted by: Knavish
China's stat includes all vehicles (delivery vans, buses, cars, trucks, etc.)

The US stat includes only personal vehicles vehicles.

from: http://www.ft.com/cms/s/0/e99e...ac.html?nclick_check=1

However, auto market analysts in China said the figures were not comparable because the Chinese figure included all vehicles produced in China - including heavy commercial vehicles and buses - while the US figure did not. Chinese passenger car production last year was 5.8m.

and

GM said it estimated the overall annualised selling rate for cars at 9.8m in the US in January, compared with 10.3m in December, and less than China?s estimated selling rate of 10.7m last month.

Good catch