Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China Vehicle Numbers to Overtake Japan by 2011, News Reports

Don't Miss Out —
Follow us on:

May 31 (Bloomberg) -- China may overtake Japan to become the country with the second-most vehicles on the road by next year, Shanghai Securities News reported, citing Xu Changming, a research director at the State Information Center.

Vehicle ownership in China may rise to 75 million units by this year or next year from 63 million units in 2009, the report cited Xu as saying.

The number of vehicles in China is expected to eventually rise to about 490 million units, Xu was quoted as saying, without giving a date.

The U.S. has the most vehicles on the road with more than 254 million registered in 2007, according a research unit of the Department of Transportation.

To contact Bloomberg News staff for this story: Tian Ying in Beijing at ytian@bloomberg.net.

To contact the editors responsible for this story: Kae Inoue at kinoue@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.