I write about cars because I love cars. I know not everyone shares my enthusiasm, and there are a great many things to hate about cars. Cost, maintenance, pollution, congestion, the list goes on. Historically though, cars have represented a sort of coming-of-age. When you can afford a car, especially a brand new one, you've “made it” in a sense. Car ownership, along with home ownership, has been a tenant of life in America for at least 60 years. But as people in America begin to shy away from the automobile, people in other countries are beginning to embrace it.
Like China. In 2009, for the first time ever, Chinese consumers bought more cars than Americans, and it is a trend that will see an ever-widening gap. A report over at the The Truth About Cars says that China is about to enter an automobile buying boom, and conservative reports place annual car sales at 35 million a year by 2030. The more likely figure though is that China could be buying 50 million cars. Is that a good thing?