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14-01-2008 Auto
production and sales in China surged more than 20 percent to a record 8.8 million
units in 2007, despite sales weakening in global markets, an industry group said
yesterday. China's
auto makers rolled out 8.88 million motor vehicles last year, up 22.02 percent
from a year earlier, according to the China Association of Automobile Manufacturers. Total
vehicle sales jumped 21.84 percent year on year to 8.79 million units in the world's
second-largest car market after the United States, twice the figure in 2003. Both
the output and sales beat the prediction of 8.5 million made at the beginning
of last year. Output
of buses and trucks reached 2.5 million and sales hit 2.49 million. Dong
Yang, vice chairman of the automobile association, said both China's auto output
and sales would continue to expand at double-digit rates in 2008 to 10 million. Editor:Ida
Zhang from Chinabuses.com
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