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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Knighty Tin who wrote (18829)12/17/2004 9:17:49 AM
From: ForYourEyesOnly  Read Replies (1) of 116555
 
KT,

I have not researched this thoroughly, but I imagine that the US is a highly saturated car market, and I don't see Chinese imports as significantly increasing the number of cars on the road. (As old cars are replaced by new cars, the PGMs in the catalytic converters are added to the supply.)

FWIW, China's exports of cars are still negligible when compared with Japan (100,000 cars per year?).
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