Chang'an Avenue in Beijing.
Since 2009, China has had the biggest car industry in the world. Last year, in 2010, China produced 18.06 Million automobiles, another impressive feat which the People's Republic of China has managed. There has been numerous joint ventures with foreign firms such as Volkswagen, Mitsubishi, General Motors and Hyundai. It is reported that the number of registered automobiles in china has reached 62 million in 2009, and is expected to reach 200 million by 2020. This is evidence of the exponential growth of the Chinese Car market.
Some of the popular Chinese automobile brands are:
-BYD.
-Lifan.
-Geely.
-Great Wall.
-Roewe.
Below is an interesting link about when the Chinese Car market surpassed the United States.
http://news.bbc.co.uk/1/hi/business/7879372.stm
The above link state that a total of 735,000 automobiles were sold in China last month, which is once again another staggering feat from the Chinese economy. It also state that that China has the fastest growing car market and that it has experienced sales growth of over 20% per year for three years.
The Lifan Group is a Chinese car manafacturer operating out of Chongqing. In 2009, the company was the 88th largest in China. The firm is privately owned and operates in the market of small passenger cars and Sedans.
http://en.wikipedia.org/wiki/Lifan_Group
Here is the link to the Lifan car website:
http://www.lifan.com/English/
No comments:
Post a Comment