Source: CCTV.com
01-14-2008 11:25
Car sales in China has hit a record high in 2007. The China Association of Automobile Manufacturers, or CAAM, says over 8.7 million units were sold last year, a 22 percent increase compared to 2006. Meanwhile, the country also produced more than 8.8 million unit vehicles in 2007.
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CAAM says the country''s auto production has enjoyed double-digit growth for six consecutive years.(Photo:pcauto.com) |
CAAM says the country's auto production has enjoyed double-digit growth for six consecutive years. It believes the growth will continue in 2008, with total auto production expected to reach 10 million units this year.
FAW Volkswagen, the German auto giant's venture with FAW Group, sold 458,300 sedans last year. It overtook Shanghai General Motors, to become the top sedan seller for 2007. Shanghai Volkswagen was the runner-up.
Last week, Volkswagen reported a sales record of more than 900,000 vehicles in China in 2007, up 28 percent compared with the previous year.
Editor:Xiong Qu