The China Association of Automobile Manufacturers (CAAM) has released its latest statistics with a ranking of China's motor vehicles companies based on their sales volume in 2005.

The top 10 companies on the list are: Shanghai General Motors, Shanghai Volkswagen, China FAW Group Corporation, Beijing Hyundai, Guangzhou Honda, Tianjin FAW Xiali Automobile, Chery Company, Dongfeng-Nissan, Geely Holding Group and Dongfeng Peugeot Citroen automobile Company.

It is the first time for Dongfeng-Nissan and Geely to enter the top 10. The 10 companies sold 2.03 million autos in all, accounting for 72.87 per cent of China's auto market in 2005, an increase of 0.57 percentage points over that of the 2004's top 10 automakers.

CAAM statistics show that the 10 companies sold 298,600, 244,700, 238,300, 224,700, 203,200, 190,000, 184,000, 157,500, 149,900 and 140,400 cars respectively last year. Compared with the previous year, the sales of Shanghai Volkswagen and China FAW Group Corporation dropped a little while the other enterprises continued a fast sales growth. Among them, the sales of Chery and Dongfeng-Nissan autos increased by a big margin.

The sales of passenger cars in the country reached 2.787 million units in 2005, a growth of 24.31 than that of 2004.

By People's Daily Online