Has China overtakes US as largest auto market?

China overtook the United States as the largest auto market in the world in January, according to data published by Chinese state media on Tuesday.

A total of 735,000 automobiles were sold in China last month, state television said, citing Dong Yang, deputy director of the China Association of Automobile Manufacturers.

By contrast, 656,976 vehicles were sold last month in the United States, according to preliminary estimates issued last week by market research firm Autodata.

Agencies