Jim Rogers on China Auto industry

"China's auto industry is growing faster than the economy as a
whole, and that takes some doing. In 2 0 0 6 , China streaked ahead of
Japan to become the world's number two market for automobiles.
And China, with an annual output of fifteen million units, is expected
to surpass the United States as the world's top car producer by 2020.
Already, China has more car brands on the market than America, But
there are still plenty of potential two-car garages in Chinese cities that
do not even hold one. And out in the countryside, there are myriad
milhons of miles of road yet to be conquered by the best contraptions
designed in Detroit and Tokyo." Jim Rogers in his book a Bull in China Investing profitably in the World's Greatest Market