Here's one to mull. The stats are from automotive powerhouse researcher J.D. Power & Associates.
Percentage of new-car sales in China that are to first-time buyers: 84 percent.
Percent of new-car sales in theUnited States that are to first-time buyers: 1 percent.
No wonder Chinese manufacturers are moving into the U.S. market, reportedly in 2007.
Friday, June 16, 2006
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