
China is poised to overtake the US as the world’s biggest car-market in 2009, according to estimates released by General Motors.Based on January’s sales, China’s new car market is forecast to hit 10.7m units by the year’s end, versus 9.8m in the US.If true, it will mark a further milestone in the meteoric growth of the Chinese new car market, which overtook Japan’s a couple of years ago.With a population of at least one billion people, China has...