Surprise...

If you're a conspiracy theorist you might think that the US government is trying to reduce our use and availability of oil so that China can have more and at lower prices. Hmmmm?

China’s Car Makers Overwhelmed

Did we say that the auto industry has to deal with severe capacity problems? China has capacity problems alright. It looks like the biggest impediment to further sales growth in China is a shortage of cars.
China’s car makers are running three shifts and still cannot keep up with the demand, Bloomberg reports. Nissan’s factory in central China is making cars almost 24 hours a day, yet customers are faced with three month waits for their new car. Other companies, such as Ford and Honda, are running their Chinese factories at full capacity, with overtime and weekend shifts, and still can’t deliver enough cars.
Nigel Harris, general manager of Ford’s venture with Changan, said that “based on our current growth rate and planning assumptions, the capacity of our two facilities will not be able to accommodate the expected future demand for our products.”
Auto makers are expanding Chinese assembly lines as fast as they can to deal with the expected 10 to 20 percent growth this year.
Refer to TTAC’s roundup of 2009 sales data for a continuously updated roundup of 2009 sales data from around the world.