CANBERRA – As vehicle demand starts to stagnate in the West's mature and saturated automotive markets, the East's full growth potential is becoming apparent to the world's car makers, a new report by Standard & Poor’s Ratings Services says. S&P Credit Analyst Maria Bissinger points out in the report that China and India have populations of 1.3 billion and 1.1 billion, respectively, but fewer than one in 100 persons of driving age owns a car. Purchasing power in the two countries ...
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