Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
China becomes world's biggest auto maker and market
+ -
15:58, August 03, 2009

 Comment  Tell A Friend
 Print Format  Save Article
In 2009, driven by the stimulus package for auto consumption by Chinese government, China's auto sales increased by 18 percent and China became the world's largest auto producer with the world's largest auto market.

The major auto making countries and auto giants released their performance for the first half of 2009. Out with China, Germany and Brazil, the auto production and sales in the US, Japan, France, Britain, Canada and Russia decreased heavily.

Since the second half of 2008, the global auto market has been struggling with vehicle sales declining greatly. In the first half of 2009, global demand in the auto market shrank by almost 18 percent.

The global financial crisis hit the US auto industry hard. Two of its three auto giants collapsed and restructured. In the first half of 2009, American auto sales were down by 35.1 percent year-on-year. And China became the NO. 1 for auto production and sales.

Japan's vehicle sales in the first half decreased by 21.5 percent. Sales in Britain, France, Canada and Spain in the first half were also in a double-digit slump. In Russia, sales of passenger cars plunged 49 percent year-on-year.

With the subsidy policy on trade-ins by the German government, German auto sales increased by 20.9 percent year-on-year. This means that Germany was the only developed country to have a growth in auto sales in the first half of 2009.

By People's Daily Online



  Your Message:   Most Commented:
Unveiled Rebiya Kadeer: a Uighur Dalai Lama
80 pct of netizens agree China should punish Facebook
LA police: Michael Jackson death may have been 'homicide'
Chinese netizens call for punishing Turkey
Al-Qaida threatens Chinese abroad

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90857/90860/6717349.pdf