China's autosales surge 5% year on year, to 1.1 million a month

SHOOT: China is now selling more cars to its own customers than the USA, which used to be the world's largest car market. Most of China's population of vehicle consumer are first time car buyers - and tend we bess less sensitive or concerned about how much gas they guzzle. For them it's more a question of:
JEEPERS! I'M GETTING A CAR.

As such many have speculated that this is the ideal market for electric vehicles, as the Chinese would be less likely to sniff at the less powerful but cleaner technology. Recognising this possibility, China wants to become the world leader in EV manufacturing.

clipped from finance.yahoo.com SHANGHAI (AP) -- The China Association of Automobile Manufacturers reports that the country's auto sales hit a monthly record of 1.11 million vehicles in March, spurred by tax cuts and rebates for small car purchases. The official Xinhua News Agency cites the association as reporting Thursday that sales rose 5 percent in March from a year earlier. It was the third month in a row that China's monthly auto sales have exceeded those in the United States, mainly due to plunging demand among recession-shocked American consumers.