AUTOMOTIVE DYNASTY IN THE MAKING.(News)

Byline: GREG KABLE This year's Beijing auto show once again focused attention on China's burgeoning car industry and its voracious appetite for cars. With sales soaring an unprecedented 30 percent to 6.8 million cars and trucks in 2006, China is set to overtake Japan as the world's second largest car market after North America.

Industry analysts predict further bullish growth, with more than 10 million annual sales by 2010. The good news: Increased competition has driven prices down an average of 40 percent in recent years, which is beginning to make car ownership a reality for ...

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