China's Passenger Car Sales up 24%

Oct. 15, 2007
Volkswagen's China joint venture -- FAW Volkswagen -- was the top seller.

Auto sales in China, the world's second largest car market, soared in the first nine months of the year to 4.58 million units, a 24% increase from a year ago, state media reported Oct. 15.

Sales of passenger vehicles in September rose 17% from the previous month to 561,000 units, according to the China Association of Automobile Manufacturers.

Meanwhile, sales of sedan cars leaped 26% to 3.44 million units for the January to September period while sports utility vehicles rose 52% to 251,700 and multi-purpose vehicles were up 21% to 165,300 units.

Volkswagen's China joint venture -- FAW Volkswagen -- was the top seller, selling 684,786 units, the report said. Shanghai Volkswagen, the firms other venture with SAIC, was behind with US's General Motors ranking third. Fast-growing domestic automobile company Chery took fourth spot.

Copyright Agence France-Presse, 2007

Popular Sponsored Recommendations

State of Sales Report

Sept. 12, 2023
Discover the latest insights driving productivity and efficiency for more than 7,700 sales leaders and professionals.

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!