Vw in chine
Three years ago(2006), China zoomed past Japan to become the world’s No. 2 vehicle market.
Now it looks poised to pass up the United States to be the biggest and this growth is spurring demand for automotive parts, services, and after-care products. China is presently capable of manufacturing a complete line of automobile products and large automotive enterprises. Major domestic firms includethe China First Automobile Group Corp. (FAW), Dongfeng Motor Corp. (DMC) and Shanghai Automotive Industry (Group) Corp. (SAIC).
China had a total of 6322 automotive enterprises by the end of November 2006. The total output value of the automotive sector for the first three quarters of 2006 was US$143 billion. Since 2002, 50% of all motor vehicles (cars and trucks) in China had been purchased byindividuals. As incomes increase the high annual growth rate of private ownership is expected to accelerate.
Historic Data
|Automobile production by year |
|Year |Production (in million units) |
|1992 |1.0 |
|1999 |1.2 |
|2000|2.07 |
|2001 |2.33 |
|2002 |3.25 |
|2003 |4.44 |
|2004 |5.07 |
|2005 |5.71 ||2006 |7.28 |
|2007 |8.88 |
|2008 |9.35 |
Domestic manufacturers
Dongfeng Motor Corporation
Great Wall Motors
Guangzhou Automobile Industry Group
Shanghai Automotive Industry Corporation
Chang’an MotorsFirst Automobile Works
Chery Automobile
Geely Automobile
Brilliance China Auto
BYD Company
Joint-venture manufacturers
In 2005, 5,707,688 motor vehicles were manufactured in China. The following 13 foreign makers have joint venture factories, with local partners, in China.
Toyota
Currently Toyota is the only company making hybrids in China. It sold2,000 in 2006.
|Toyota (2005) |
|Total motor vehicles |Passenger cars |Light commercial vehicles |Heavy trucks |Buses |
|150 078 |146 943 |3 635 | ||
Nissan
|Nissan (2005) |
|Total motor vehicles |Passenger cars |Light commercial vehicles |Heavy trucks |Buses |
|179 034 |166 938 |12 096 || |
Honda
|Honda (2005) |
|Total motor vehicles |Passenger cars |Light commercial vehicles |Heavy trucks |
|254 820 |254 820 | ||
Suzuki
|Suzuki (2005) |
|Total motor vehicles |Passenger cars |Light commercial vehicles |Heavy trucks |
|139 536 |139 536 | | |…