China to Stand as World's 3rd Largest Auto Producer

08/12/2005

China's car output in 2005 is expected to reach approximately 5.6 million units, which will exceed Russia's to be the world's third largest auto maker, said sources with the China Automotive Industry Association (CAIA).

The latest statistics from the CAIA said that China's auto production will maintain a high-speed of 10 percent growth rate this year, with the total output to hit 5.6 million units.

In the first ten months this year, China's auto production and sales volume reached 4.62 million units and 4.59 million units, up 9.18 percent and 11.04 percent year-on-year respectively, said the CAIA.