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TABLE-China April car sales rise 11 pct yr/yr

Sun May 11, 2008 10:52pm EDT
 
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 May 12 (Reuters) - Car sales in China, the world's
second-largest vehicle market, rose 10.83 percent year-on-year to
604,900 units in April, the country's official industry
association said on Monday.
 Vehicle sales, including cars, buses and trucks, rose 14.09
percent to 922,600 units in April, according to official data
provided by 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 April and the first four
months of the year.
 APRIL                    sales           pct change
 Category                                  (on year)
 All vehicles              922,600         14.09
 Cars                      604,900         10.83
 YEAR TO DATE              sales           pct change
 Category                                  (on year)
 All vehicles              3.50 mln        19.36
 Cars                      2.46 mln        17.84
 APRIL                     sales*
 Car Maker
 -SAIC-GM-Wuling           53,387
 -FAW Volkswagen           47,985
 -Shanghai Volkswagen      47,666
 -Shanghai GM              39,371
 -FAW Toyota               34,426
 YEAR TO DATE              sales*
 Car Maker
 -SAIC-GM-Wuling          220,512
 -FAW Volkswagen          192,861
 -Shanghai Volkswagen     188,971
 -Shanghai GM             164,724
 -Chery                   141,790
 * No percentage comparisons provided.
 Note: Shanghai GM is a joint venture between General Motors
Corp (GM.N: Quote, Profile, Research, Stock Buzz) and SAIC Motor Corp (600104.SS: Quote, Profile, Research, Stock Buzz), 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: Quote, Profile, Research, Stock Buzz) 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: Quote, Profile, Research, Stock Buzz).
 Chery Automobile is a home-grown manufacturer. It has agreed
to set up a car venture with Fiat SpA (FIA.MI: Quote, Profile, Research, Stock Buzz).
 (Reporting by Fang Yan in Shanghai; Editing by Edmund Klamann)


 

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