Last updated at: (Beijing Time) Tuesday, January 20, 2004
China's auto sales expected to top 5 million units in 2004
China's automobile production and sales figures are both expected to exceed five million units, up about 20 percent year-on-year, in 2004, experts say.
China's automobile production and sales figures are both expected to exceed five million units, up about 20 percent year-on-year, in 2004, experts say.
Sedan production alone is expected to top 2.6 million units.
In the past year, China produced 4.4437 million autos and sold 4.3908 million, a yearly rise of 35.2 percent and 34.21 percent respectively.
Statistics show that in 2003, sedan production registered a record high of 2.0189 million units, up 83.25 percent year-on-year.Meanwhile, sedan sales reached 1.9716 million, up 75.28 percent.