Summary
SHANGHAI - China's monthly vehicle sales surpassed those in the United States for the first time in January, moving this country closer to becoming the world's biggest auto market, data released Tuesday showed.
With its growing middle class and vast potential as a consumer market, China is vital for General Motors Corp., Volkswagen AG and Toyota Motor Corp. as they count on demand here to offset weakness in the U.S. and elsewhere.See the full content of this document
Extract
China Monthly Auto Sales Overtake U.S.
But China's ascent in the global a...
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