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Article: China Automobile Industry is Tapping Overseas Markets.
- Article from:
- M2 Presswire
- Article date:
- December 29, 2006
CopyrightCOPYRIGHT 2006 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-29 December 2006-RNCOS: China Automobile Industry is Tapping Overseas Markets(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:29122006
Auto-manufacturing industry in China has stepped onto a stage for large-scale production. Overwhelming production has resulted in increased export of Chinese automotive products to the overseas markets during the year 2005.
China automobile industry's performance growing by 157%, the export of vehicles reached 170,000 units in 2005. Chinese automotive products were shipped to 179 countries across the world. However, commercial vehicles were accountable for around 60% of it. Export of domestic brand "sedans" ...