China Expects Double-Digit Growth for Its Automotive Market in 2010

China, now the world’s biggest automotive market, expects its car sales to see a double-digit increase in 2010, as Dow Jones reports via Gasgoo.

The Chinese Government believes the growth is possible, as it will continue to offer subsidies, albeit smaller than 2009’s ones, to boost car sales and allow people to enjoy the benefits of modern motoring.

"I believe double-digit growth shouldn’t be difficult, although growth won’t be as high as last year," Chang Xiaocun, head of the Mi… (read more)