Thursday, January 12, 2012

U.S. Auto Industry Speeds Up as China and Europe Slow Down


What difference only three years can make: in 2009, U.S. sales had dipped to their lowest point in the last 25 years, while sales in China were increasing exponentially.

Today, the picture is quite different. The U.S. auto market has recovered and according to a report from Autonews, it may be the safest bet for profitable growth. Emerging markets including China, India and Brazil, which until recently looked like the land of opportunity for carmakers, are slowing down.

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