China will replace Germany this year as the world's third
largest maker of cars and vans, according to a report of market
research released Tuesday.
China will produce about 5.9 million light vehicles this year,
outpacing Germany's 5.38 million, according to figures released by
Polk Marketing Systems, a key car market research and consulting
company based in the German city of Essen.
The capacity of both countries is so far well behind United
States (11 million) and Japan (10.63 million), but Polk said China
would reach the level of 10 million within a decade.
The Polk study indicates worldwide car and van production this
year would reach a record of more than 64 million.
(Xinhua News Agency September 20, 2006)
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