For a century, the U.S. auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 million new vehicles surpassed a recession-slammed U.S. total of 10.4 million. Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S. in electric-car... Will US auto industry simply succumb to China over electric cars?
For a century, the U.S. auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 million new vehicles surpassed a recession-slammed U.S. total of 10.4 million. Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S. in electric-car...