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27 March 2017 20:07 (South Africa)

China is world’s biggest car market

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

If you need more proof of China’s newfound global supremacy, digest this: China's October vehicle sales clocked 1.2 million units, 72% up from October last year and dwarfing the US’s 838,000 sales. China’s total sales this year stand at 10.9 million vehicles, compared with 8.6 million in the US, making 2009 the first year the US hasn’t dominated world’s sales charts. VW and GM are doing exceptionally well there, with GM alone expecting to sell 1.5 million units this year. Not only are the Chinese buying more, they are also producing more, with BYD attracting Warren Buffet’s money and Geely using Goldman Sachs money to pursue Volvo. Read more: BusinessWeek

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

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