This isn't Wang Jianping's fault; he couldn't foresee how enormous the domestic automotive market demand would be in the coming years.
In fact, in the next few years, domestic car market sales will enter a period of high growth, and even for the next decade or so, it will remain a high-growth period for car sales, with car ownership in the country skyrocketing.
It's safe to say that domestically, the car sales volume will be almost as high as production. If 5 million vehicles are produced, at least 4.9 million can be sold without any worries.
Compared to domestic car companies, joint venture brands still hold a significant advantage, whether in terms of production capacity or sales volume, they are far ahead.
In 2010, passenger car sales in the domestic market of China will reach 13.76 million units, with Toyota alone selling 846,000 units.
