So, there are now 1 billion cars on the road, or rather that mark was passed last year. I'm not sure whether this figure includes green vehicles but 1 billion is a lot. I just took a look at our Singapore car stats. We've jumped from 392,961 to 597,746 in 10 years.
Got some other stats below. What is scarey is that China has the second largest population of cars and the country contributed to this explosion in car ownership in the past year or so. I bet there are many more Chinese who aspire to have a car - the middle-class dream - it's all about face. I think it is definitely the goal of many Indians too. Apparently, the Indian MNC, Tata Group has built the world's cheapest car, Tata Nano. The story goes that Ratan Tata, chairman of the Group, noticed a lower middle-class man riding a scooter with 2 children and his wife in the rain. You heard right, that's one family on one scooter. To Mr Tata, he thought "Why can't this family own a car and avoid the rain?". In other words, his solution was creating a car that was affordable to the masses. Shouldn't the solution be about creating an enhanced public transport system? Why should we create another product that will encourage more car ownership? Do you own a car?
Ratio of cars to people (Source- WardsAuto.com):
U.S - 1:1.3 (pop. 310 million). My goodness that probably is one car per family!!
Italy - 1:1.45.
France, Japan, and the U.K. - fall in the 1:1.7 range.
China - 1:17.2 (pop. 1.3 billion people)
India - 1:56.3 (pop. 1.17 billion people)
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