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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (26224)	7/19/2008 6:34:15 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 149317

"Instead they spend their new found wealth to lead a good life" Yeah, they buy cars, too. 1M in one month (with India's increase). New drivers. Brand new demand. China Car Sales up 17.41% Through May 2008 7 June 2008 Xinhua. Passenger car sales in China in the first five months of 2008 rose 17.41% over the same period a year earlier, according to the China Association of Automobile Manufacturers (CAAM). CAAM data shows that car sales reached 3.02 million units, including 2.23 million sedans, 179,200 sport-utility vehicles (SUV) and 93,200 multi-utility vehicles (MUV) in the period. Sales of these vehicles in May alone totaled 564,600, up 16% over the same month last year. In April 2008, sales had grown 11% year-on-year. CAAM expects auto sales in China to exceed 10 million units this year, representing a full year sales growth of 14%. trb.metapress.com Average VMT (vehicle miles traveled.... 10-15K/year trb.metapress.com