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In 2006, key enterprises in the automotive industry in China rejuvenated vigorously. Among them, the top ten companies have sold more than 200,000 vehicles and sold a total of 6.052 million vehicles, accounting for 83.87% of the total sales of automobiles.
Among the top ten companies, SAIC, FAW, Dongfeng, Chang'an, and BAIC ranked top five in sales volume significantly higher than other companies. In 2006, these five car dealers sold 1,224,400, 1,165,700, 932,300, 707,700 and 685,100 vehicles, respectively, an increase of 33.40%, 18.57%, 27.89%, 12.29% and 14.70% respectively; cumulative sales of 471.58 Ten thousand vehicles accounted for 65.34% of the total sales of automobiles. Among them, the five car companies sold a total of 3,619,600 passenger cars, accounting for 69.93% of the total passenger car sales; commercial vehicles sold a total of 1,096,200 vehicles, accounting for 53.74% of commercial vehicle sales. In addition, companies such as Chery, Hafei, Brilliance and Geely have increased their investment in R&D, their own brand competitiveness has been significantly enhanced, and their market share has also increased. In 2006, the four companies sold 30,252,000 units, 268,800 units, 21,200 units and 204,400 units respectively, an increase of 59.91%, 4.22%, 71.40%, and 35.06% year-on-year, respectively, ranking seventh to tenth in sales rankings ( See the figure below and the table below).
According to the forecast of China Association of Automobile Manufacturers, China's auto production in 2007 is expected to reach 8.5 million, an increase of 16.76%. Among them, passenger car production was 6.3 million, an increase of 20.46% year-on-year; commercial vehicle production was 2.2 million, an increase of 7.50% year-on-year. Among the variety of passenger cars, 4.8 million were produced in cars, a year-on-year increase of 24.05%.