| 14-09-2007
China
produced 5.75 million motor vehicles in the first eight months of 2007, up 23.6
percent over the same period last year. The
total included 1.68 million vehicles for commercial purposes, up 27.61 percent,
and 4.08 million passenger vehicles, up 22 percent. Saloon
car output amounted to 3.08 million units from January to August, up 24.2 percent. Auto
sales also grew rapidly over the eight months. Between
January and August, 5.69 million motor vehicles were sold nationwide, up 25 percent. The
total included 1.66 million vehicles for commercial purposes, up 27.08 percent,
and 4.02 million passenger vehicles, up 24.1 percent. In
the first half of this year, 22 listed auto enterprises garnered 141.5 billion
yuan (18.8 billion U.S. dollars) in combined takings, up 114 percent year-on-year,
and 6.2 billion yuan in net profits, up 188 percent. Observers
predicted that China's auto sales were likely to hit 8.5 million vehicles for
the whole of 2007.
Editor:Ida.Zhang
from Chinabuses.com
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