How much has the percentage of car ownership changed in China in the last decade?



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    There is a lot of research into the automotive market in China right now since it has seen huge growth in the last decade an with such a huge population and rising average incomes, China is set to see even more growth in the market. It was estimated that the population of car owners would jump 67% from 2005 to 2010 in China. The estimated number of car sales in 2010 has jumped 500% up from the number of car sales in 2000. Any way you look at the data, there are tremendously more cars on the road in China now than there were  a decade ago.

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