TABLE-China June car sales rise 15 pct yr/yr

Wed Jul 9, 2008 11:44pm EDT
 
[-] Text [+]
 July 10 (Reuters) - Car sales in China, the world's
second-largest vehicle market, rose 15.24 percent in June from a
year earlier to 588,400 units, the country's official industry
association said on Thursday.
 Vehicle sales, including cars, buses and trucks, rose 15.35
percent to 836,800 units in June, according to official data
from the China Association of Automobile Manufacturers.
 In 2007, car sales in China grew 21.68 percent to 6.30
million units, following a 30.02 percent rise in 2006 and a 21.4
percent rise in 2005.
 Below is a breakdown for sales in June and the first six
months of the year.
 JUNE                   sales             pct change
 Category                                 (on year)
 All vehicles           836,800           15.35
 Cars                   588,400           15.24
 YEAR TO DATE           sales             pct change
 Category                                 (on year)
 All vehicles           5.18 mln          18.52
 Cars                   3.61 mln          17.07
 JUNE                      sales*
 Car maker
 -SAIC-GM-Wuling           47,928
 -Shanghai Volkswagen      44,618
 -Chery                    37,994
 -FAW Volkswagen           36,387
 -FAW Toyota               34,797
 YEAR TO DATE              sales*
 Car Maker
 -SAIC-GM-Wuling          318,758
 -Shanghai Volkswagen     272,009
 -FAW Volkswagen          268,709
 -Shanghai GM             231,837
 -Chery                   208,466
 * No percentage comparisons provided.
 Note: Shanghai GM is a joint venture between General Motors
Corp (GM.N) and SAIC Motor Corp (600104.SS), China's largest car
maker. SAIC-GM-Wuling is a tie-up among SAIC, GM and Liuzhou
Wuling Automobile.
 Shanghai Volkswagen is a joint venture between Volkswagen AG
(VOWG.DE) and SAIC, while FAW Volkswagen is the German auto
maker's tie-up with FAW Group.
 FAW Toyota is a tie-up between FAW and Toyota Motor Corp
(7203.T).
 Chery Automobile is a home-grown manufacturer. It has agreed
to set up a car venture with Fiat SpA (FIA.MI).
 (Reporting by Fang Yan in Shanghai; Editing by Edmund Klamann)


 

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