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A new permutation of China's top 10 auto makers

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  • A new permutation of China's top 10 auto makers

    http://english.people.com.cn/200508/...12_202061.html




    The First Automobile Works (FAW), Shanghai Automotive Industry Corporation(SAIC) and Dongfeng Motor Corporation (DFM) have secured their top places as the first, second and third respectively on the list of China's largest 10 auto makers for the first half of this year in terms of production and sales. Zhejiang-based Geely Holding Group nudged into the list for the first time and became the only private enterprise in the top 10.

    The largest, FAW, produced 492,000 units and sold 456,600 units, followed by SAIC, then Dongfeng. Changan Automobile was the fourth largest. Chery Automobile ranked the 8th with 83,400 units sales and Geely ranked the 10th with 68,100 units.

    The top 10's production and sales came to more than 2.34 million units and 2.31 million units over the first six months, which accounted for 83.18 percent of the country¡¯s total auto production and 82.97 percent of the total auto sales.

    FAW and SAIC are the only two experiencing slight decline in production and sales. The remaining eight all enjoyed rises. Chery, Dongfeng, Guangzhou Automobile and Geely all saw 20 percent increase in their production and sales.

    The other auto makers on the list are Beijing Automotive Industry Holding Company (BAIC), Hafei Motor, Guangzhou Automobile Group and Jianghuai Automobile Company(JAC).

    By People's Daily Online
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