China is buying more cars than ever before. In 2011, China was the top buyer of new cars. Over 18 million new cars were sold. Yet China has not taken over the international market yet. The leading manufacturers are well-known brands that have some partnerships in China but are not Chinese-dominated.
Toyota, for instance, is either third or fourth ranked, depending on how GM is ranked. Toyota sold more than 7.9 million cars last year. It sold about three million of the 12 million sold in the U.S. It controlled the Japanese market, contributed 12 percent of the Chinese market, 13 percent of the Russian market and 7.5 percent of the large German market.
Nissan/Renault, second or third ranked, sold more than 8.1 million cars. Many were sold in Russia where it controls 32 percent of the market. Many were also sold in the U.S., Europe and China.
VW, first or second ranked, sold more than 8.156 million. It dominated the German market, took 34% of the Brazilian market, and snagged 31% of the Chinese market. Although it has some joint ventures with Chinese manufacturers, it still can claim to be first or second in the rankings.
GM, first or fourth ranked, claimed a whopping 9.03 million. Some insist that it should be only 7.7 million. A disputed 1.2M in sales belongs to Chinese automaker Wuling. GM owns a 44 percent share in Wuling. Even so, GM is a dominating force in many markets.