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2006 China car market review

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2006-12-22 10:36

Special coverage: Auto China 2006  Related publication:        Related readings: China's car market in fast lane Auto market in fierce competition Auto market grows rapidly Pearl River Delta auto market report China's auto market to grow 10% in next two decades: expert

In the first 11 months of this year, China's passenger car sales grew 33 percent from the same period last year, among which, mid- and high-grade car sales increased by 37 percent year on year.

China has a mid- and high-grade car market capacity of 690,000 units so far, among which 320,000 units are new products, accounting for 46 percent of the total.

The Toyota Camry, a mid-grade car with a total production of 13,358 units in November, ranking first in terms of production on the market, surpassed the Honda Accord's 11,236 units in the same month. Mid- and high-grade cars including Dongfeng Peugeot Citroen's C-Triomphe, Beijing Hyundai's NF Yuxiang, Dongfeng Nissan' Sylphy and Shanghai GM's Buick LaCROSSE have good market performance.

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The full text is available in the December Issue ofAutoChina.