More vehicles will be sold in China than anywhere else in 2011



THE world's auto industry is expected to suffer a fourth year of poor sales in 2011. Demand in America will rise only slightly: with the housing market still in the doldrums and cash-for-clunker subsidies at an end, consumers will be wary about buying big-ticket items. In Europe, without subsidies and with government spending cuts due to come into force, demand will fall further. Sales in Japan will dip again. And although sales will rise in China, the pace will slow. Demand for cars will grow in other developing countries such as India, but their volumes will not be enough to make up the shortfall.