China number one in global automobile market. - On 28 October at the 10th anniversary marking its presence in China, the European Automobile Manufacturers' Association (ACEA) stated that China has become the largest automobiles market in the world. When ACEA opened its office in Beijing in October 2004, car sales in China were just 2.5 million. Today, sales are at 16.3 million, making the Chinese market the largest in the world. ACEA President, Carlos Ghosn stated: “The phenomenal...