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China Auto Industry News and Statistics

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The industry has seen rapid expansion since annual output exceeded one million units in 2002.</p> <p>China overtook the US for the first time as the world's largest auto market by sales volume in 2010, during which:<br/>- Overall vehicles sales were up 32.37% to 18.06 million;<br/>- Passenger cars sales were 33.17% to 13.76 million;<br/>- Sales of cars with engine smaller than 1.6L were up 27.98% to 6.63 million;<br/>- Sales of cars with engine 1.6-2.0L were up 29.77% to 2.15 million;<br/>- Sales of cars with engine 2.5-3.0L were up 39.72% to 66,700;<br/>- Commercial vehicle sales were up 29.9% to 4.3 million;<br/>- SUV sales were up 101.27% to 1.33 million;<br/>- MPV sales were up 78.92% to 445,400;<br/>- Minivans sales were up 27.77% to 2.49 million;<br/>- Trucks sales were up 30.47% to 3.86 million;<br/>- Heavy-duty vehicles were up 59.93% to 1.02 million;<br/>- Buses &amp; coaches sales were up 25.14% to 443,100.</p> <p>The major Sino-foreign joint ventures are<br/>- SAIC (Shanghai) - Volkswagen (Germany)<br/>- SAIC (Shanghai) - General Motors (Germany)<br/>- FAW Group (Changchun, Jilin) - Volkswagen (Germany)<br/>- Dongfeng Motor Corp (Wuhan, Hubei) - Citroen (France)<br/>- Beijing Automotive Group (Beijing) - Hyundai (South Korea)</p> <p>Air pollution and traffic congestion are major obstacles for growth in the traditional auto industry in China. Auto sales growth slowed significantly to 3.4% in the first half of 2011 from a year earlier. The government has introduced a string of incentives to develop renewable energy-powered or electric vehicles but the efforts have been stymied by technological bottlenecks.</p> <p>The top five mainland-listed automakers by market value are<br/>- SAIC Motor Corp (SHA: 600104), based in Shanghai<br/>- Huayu Automotive System Co (SHA: 600741), based in Shanghai<br/>- Chongqing Changan Automobile Co (SHE: 000625), based in Chongqing<br/>- FAW Car Co (SHE: 000800), based in Changchun, Jilin<br/>- Jiangling Motors Corp (SHE: 000550), based in Nanchang, Jiangxi</p> <br/> <h2 class="smallerH2"> CHINA CHINA AUTO INDUSTRY BY NUMBERS</h2> <table width="100%" border="0" cellspacing="0" cellpadding="0" class="tblMainContent"> <tr> <td valign="top"> <ul class="topCompaniesList"> </ul> </td> </tr> </table> <br/> <h2 class="smallerH2"> Data and Statistics for CHINA AUTO INDUSTRY INDUSTRY</h2> <table width="100%" border="0" cellspacing="0" cellpadding="0" class="tblMainContent"> <tr> <td valign="top"> <ul class="topCompaniesList"> </ul></td> </tr> </table> <br/> <h2>CHINA AUTO INDUSTRY INDUSTRY NEWS</h2> <ul class="topCompaniesList"> <li><a href="/web/20120502104304/http://thechinaperspective.com/articles/chinacorporaten-9330/">China Corporate News: China Auto Rental Delays Nasdaq Float; Baidu, Sohu, Tencent Teamed Up for Online Video Hosting</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/articles/chinacorporaten-9327/">China Corporate News: Sinopec Partners with Orka for Geothermal Energy</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/articles/chinaautoindust-9318/">China Auto Industry Monthly Recap</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/articles/halfamilliongre-9317/">Half a Million Green Car Sales Expected in China by 2015</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/articles/chinacorporaten-9316/">China Corporate News: Baidu Controls 35% of China&#039;s Wireless Search; Hanting, Suning in Tie-Up</a></li> </ul> </div> </div> </div> </div> </div> <div class="footerLine"></div> <div id="footer"> <div id="footerNav" class="pageWidth"> <ul> <li><a href="/web/20120502104304/http://thechinaperspective.com/archives/">ARCHIVE</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/about/">ABOUT US</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/policy/">PRIVACY POLICY</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/contact/">CONTACT US</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/partners/">PARTNERS</a></li> <li><a href="/web/20120502104304/http://thechinaperspective.com/term/">SUBSCRIBER AGREEMENT &amp; TERMS OF USE</a></li> </ul> </div> </div> <div id="footerSubNav" class="pageWidth clearfix"> <div id="footerSubNavLeft"> <img src="/web/20120502104304im_/http://thechinaperspective.com/images/logo-comodo-authentic-site.gif" alt="C-M-O-D-O AUTHENTIC SITE"/> <img src="/web/20120502104304im_/http://thechinaperspective.com/images/paypal.jpg" alt="PayPal"/> </div> <div id="footerSubNavRight"> <img src="/web/20120502104304im_/http://thechinaperspective.com/images/title-logo.gif" align="right" style="margin-left:5px;"/> @2011 China Economy @ The China Perspective.<br/> All Right Reserved. </div> </div> <script type="text/javascript"> setTimeout(function(){var a=document.createElement("script"); var b=document.getElementsByTagName('script')[0]; a.src=document.location.protocol+"//web.archive.org/web/20120502104304/http://dnn506yrbagrg.cloudfront.net/pages/scripts/0011/9839.js?"+Math.floor(new Date().getTime()/3600000); a.async=true;a.type="text/javascript";b.parentNode.insertBefore(a,b)}, 1); </script> <script language="javascript" type="text/javascript"> //<![CDATA[ var cot_loc0=(window.location.protocol == "https:")? 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