According to Xinhua News Agency, Beijing Electric (Reporter Zhang Yi), according to the latest statistics from the China Association of Automobile Manufacturers, in the first three quarters of this year, the major car manufacturers with the top ten output in the country did not change in the first half of the year, but the ranking changed. The top four are Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM, and Guangzhou Honda. Beijing Hyundai ranked fifth, followed by Tianjin FAW Xiali, Changan Automobile, Shenlong Automobile, Chery Automobile and FAW Toyota. According to the sales ranking of the first three quarters, the top ten sedan manufacturers were Shanghai Volkswagen, Shanghai General Motors, FAW-Volkswagen, Guangzhou Honda, Beijing Hyundai, Changan Automobile, Tianjin FAW Xiali, Chery Automobile, Shenlong Automobile and FAW Toyota. Among the top ten car manufacturers, Beijing Hyundai had the fastest growth in production and sales. In the first three quarters, the production and sales of cars reached 95,880 vehicles and 94,112 vehicles, respectively, an increase of 145.87% and 153.96% year-on-year. With more and more domestic companies entering the field of cars, the market share of the top ten car manufacturers in the first three quarters of this year has been significantly reduced compared with last year, but it has recovered from the first half of this year. In 2003, the top ten car manufacturers accounted for 78.8% of the national car production, and sales accounted for 80.5% of domestic car sales. In the first half of this year, the top ten car manufacturers accounted for 72.8% of the national car production, and sales accounted for 72.3% of domestic car sales. In the first 9 months, the top ten sedan manufacturers accounted for 71.7% of the national sedan production, and cumulative sales accounted for 75.1% of domestic auto sales.
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