In the world's major car market downturn, China's automobile production and sales in 2007 to continue to maintain high-speed growth. China Automobile Industry Association on the 13th release of the latest statistics show that in 2007 China's automobile production and sales were over and nearly 8.8 million, a new record high.
According to statistics, China's auto output in 2007 to 8.8824 million, up 22.02 percent over the previous year, a net increase of 1602700; car sales 8791500, an increase of 21.84% over the previous year, a net increase of 1.576 million. Automobile sales in 2003 of 4.39 million has doubled.
China's car sales in 2007 of the total sales volume of 53.76%, increasing proportion, the structure of China's automobile products continue to become rational.
Dong Yang believe that, with China's sustained and rapid economic development and the improvement of living standards, access to family cars constantly speeding up the pace, car sales will be maintained over a longer period of double-digit growth.
China Automobile Industry Association Forecast: China's automobile production in 2008 is expected to more than 10 million. Passenger yield of 7.3 million; commercial vehicle output 2.7 million. In the passenger varieties, sedan output is expected to reach 5.5 million.
Source: 新华网 Zhang Yi Jan. 13, 2008