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BEIJING, Jan. 14 (Xinhuanet) -- China has issued a
ranking of the top 10 motor vehicle companies based on their sales performance
in 2005.
The top three are First Automotive works (FAW), Shanghai Automotive Industry Corporation and Dongfeng Motor Corporation, which sold 983,100, 917,500 and 729,000 cars in 2005 respectively.
These 10 companies account for over 80 percent of
China's auto market in 2005. It is the first time for the Anhui-based Chery
company and Zhejiang-based Geely firm to enter top 10. They sold 189,000 and
149,000 cars in 2005, up 118 and 49 percent respectively.
The list was compiled by the China Association of
Automobile Manufacturers.
Last year, China's vehicle output grew 12.56 percent
to 5.71 million units over the previous year, and sales of domestically-made
vehicles grew 13.54 percent to 5.76 million units, according to statistics from
the China Association of Automobile Manufacturers. Enditem |