It’s easy to become blase about China’s auto market, especially now that growth there has gone from white hot to merely off-white hot.
Up 15 percent in 2016? Ho-hum.
But just stop and marvel for a moment at the volume even a plateauing Chinese market represents — 24 million passenger vehicles last year, according to IHS Markit. Twenty-four million!
With numbers like that, it ought to be China — not the U.S., Europe or Japan — that dictates the future of what we call global vehicles.
Indeed, it most certainly will be.
Already, the Chinese market has exhibited all the diversity and dynamism of the U.S. market, embracing locally made economy cars, tech-laden European luxury sedans, SUVs and even a bit of Detroit muscle.