Sales of Chinese-made vehicles maintained robust growth in January,
according to an industry association.
Vehicle sales last month rose by 77.69 percent year-on-year to
323,200 units, the China Association of Automobile Manufacturers
said at the weekend.
The figure was up from 284,700 units last December.
Sales of domestically made passenger cars in January reached a
monthly record high of 141,200 units, an increase of 184 per cent
from a year earlier, the association said.
Association spokeswoman Zhu Yiping said: "The steep sales increase,
especially that of passenger cars, is mainly a result of the
continuous growth momentum of last year."
Total vehicle sales grew by 36.65 percent last year compared with
2001. Sales of passenger cars were up 56.08 percent.
"The sales last month were also boosted significantly by a consumer
car-buying spree before Spring Festival (on February 1)," Zhu
said.
The association predicted earlier that total sales of Chinese-made
vehicles would reach 3.7 million to 3.9 million units this
year.
Sales of passenger cars will increase to 1.5 million units this
year, it forecast.
Qie Xiaogang, an official at the Beijing Asian Games Village Auto
Exchange, said: "We are very optimistic about the market prospects
this year."
In
January, sales of trucks rose by 22.15 percent year-on-year to
75,200 units, the association said.
Bus sales last month reached 106,700 units, an increase of 51.19
percent over the same period last year.
The top five Chinese motor manufacturers in terms of sales in
January were the Shanghai Automotive Industry Corp, the First
Automotive Works Corp, the Dongfeng Motor Corp, Chang'an Motor and
the Beijing Automotive Industry Corp.
Sales of the Shanghai firm increased by 156 percent year-on-year in
January, the association said. The Beijing company's sales
increased by 104 percent compared with January 2001.
The total vehicle output last month amounted to 327,100 units, an
increase of 61.31 percent over a year earlier, the association
said.
(China Daily February 24, 2003)
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