Sales of Chinese-made vehicles during the first three-quarters of 2002 exceeded the total for the whole of last year, according to the China Association of Automobile Manufacturers. The number of vehicles sold over the nine-month period reached 2.38m units, an increase of 34 per cent year-on-year.
Passenger cars and heavy-duty trucks experienced particularly fast growth. Car sales grew by 47 per cent to 803,200 units, while heavy-duty truck sales were up 92 per cent to 195,100 units.
The association said that the strong economy and rising disposable incomes were fuelling demand. Another positive factor in the passenger car sector was the launch of new products over the past year, including Shanghai Volkswagen's Polo, Nanjing Fiat's Palio and the Elysee of Dongfeng Citroen.