BIZCHINA> AutoChina
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BIZCHINA> AutoChina
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Auto engines output, sales up more than 20%
By Ding Qi (chinadaily.com.cn)
Updated: 2008-03-06 10:50
Latest statistics from the China Association of Automobile Manufacturers (CAAM) show the nation's 54 major engine makers produced 7.8467 million auto engines last year, up 25.1 percent year on year. Engine sales reached 7.7238 units, up 24.4 percent. Among 49 firms in operation last year, 73 percent produced more than a year before. The number of firms with an annual output over 100,000 units grew to 27 from 22. In particular, 18 firms produced more than 200,000 engines, compared with only 13 firms in 2006. Nine firms yielded more than 300,000 units, while only seven did the same in 2006. Guangxi Yuchai Machinery Group broke the 500,000 unit mark for the first time last year. Guangqi Toyota Engine Co Ltd, Zhejiang Geely Holding Group, FAW Car Co Ltd, Shandong Laidong Engine Co Ltd and Shenyang Mechanical & Electrical Equipment and Farm Machinery Group all doubled their annual outputs. Of the 49 firms, the top 15 in terms of output were: Guangxi Yuchai, Liuzhou Wuling, FAW Volkswagen, Changan Group, Shanghai Volkswagen, Guangzhou Toyota, Chery Motor, FAW Group, Dong'an Mitsubishi, Dongfeng Honda, Shanghai General Motors, Beijing Hyundai, FAW Toyota, Dong'an Power, and Kunming Yunnei. The top 15 in terms of sales were: Guangxi Yuchai, Chang'an Group, Liuzhou Wuling, FAW Volkswagen, Shanghai Volkswagen, Guangqi Toyota, Chery Motor, FAW Group, Dongfeng Honda, Dong'an Mitsubishi, Shanghai GM, Beijing Hyundai, FAW Toyota, Dong'an Power, and Kunming Yunnei. .... The full text is available in the February Issue ofAuto China (For more biz stories, please visit Industries)
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