Tuesday, November 15, 2005

Chinese car maker continue to surge forward, a great leap forward

Remember my past article of a Chinese make SUV getting zero for safety record. Apparently the Chinese is hoping to surge ahead as world 3rd largest car manufacturer. Why China? With the population gaining new ground in greater wealth [despte many rural areas are very poor] China is still regards as one of the great population. So many car markers are hoping to arm the chinese. Volwagen was there as well. Look at India, TATA, Susuki are all there, the middle class rises, so is the car the population. Thailand remains on the hot spot for south east asia car manufacturing hub.

Taken from www.autoblog.com

China’s automakers are set to sell 6.4 million passenger cars, vans, buses and trucks in 2006, which will result in China replacing Germany as the world’s third-largest automobile manufacturer. Vehicle sales in China, Asia’s second-largest economy, are growing, even as sales fall in North America.

On a related note, Toyota announced a couple of days ago that it has officially registered the first hybrid vehicles in China under the country’s national hybrid vehicle certification system. Of the 30 Toyota Prius cars registered, 27 were in Beijing and the remaining three in other cities. Toyota plans to begin manufacturing the Prius in China’s Changchun Plant by the end of 2006.

One thing to keep in mind regarding China is its existing environmental problems and the lack of a dominating motor fuel infrastructure. The lack of a gas station on every corner makes China a prime canidate to lead the world in the purchase and manufacturing of hybrid vehicles over the coming decades as its economy continues to grow and demand for vehicles increases. Whether the Chinese public will buy hybrids is another story.

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