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16-05-2007
China's
auto output and sales are both expected to hit
a record 8.5 million units this year, said sources
with the China Association of Automobile Manufacturers
(CAAM) on Tuesday.
In
the first four months of the year, the country's
auto output grew 21.4 percent to 3.01 million
units, while sales rose 21.5 percent to 2.93
million, according to figures from CAAM.
Jilin-based First Automobile Works, Shanghai
Automotive Industry Corp. and Hubei-based Dongfeng
Motors took the grid positions in the sales
list for the period.
The top 10 sold a total of 2.44 million vehicles
in the first four months, accounting for 83
percent share of the domestic market.
Last year China became the world's second largest
auto market after the United States, with an
annual output of 7.28 million vehicles and sales
of 7.22 million.
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