In Jan.-Apr.2007, national production and sales of automobiles kept a fast growth. 3,009,600 cars were manufactured, up by 21.36% year-on-year; and 2,933,600 units had been sold with a rise of 21.46% compared to the same period of the preceding year. The production-sales ratio was up to 97.47%.

By the end of April of 2007, China's automotive retainment amounted to 51.8 million units. And the figure will be climbing in next few years. At present, the upgrading rate of cars stands at 20-30%. It is expected to reach 30%-40% in the future, but still far lower than 70% in developed countries. Whereas, 3.5 million to 4 million automobiles wait to be upgraded annually, this can conduce to the sound development of China's automobile industry.

Judging from the production and sales of automobiles in China in Jan.-Apr.2007, the automotive production and sales volume will undoubtedly surpass eight million units in 2007, even to nine million units probably.

Production and Sales Volume of Automobiles by Model, Jan.-Apr.2007

2. Main Situations Faced by China Automotive Industry
2.1. Energy Power and Raw Materials like, Steel and Non-ferrous Metal
2.2. Changes in Renminbi Exchange Rate and Interest Rate
2.3. Changes in Relevant Policies

3. Prospect of Industrial Development

4. Major Listed Enterprises
4.1 Shanghai Automotive Co., Ltd.
4.2. SG Automotive Group
4.3 Weichai Power Co., Ltd.
4.4 Jiangling Motors Co., Ltd.
4.5 Haima Investment Group Co., Ltd.
4.6 Sinotruk Co., Ltd.
4.7Dongfeng Motor Corporation
4.8 Yutong Group Co., Ltd.
4.9 Anhui Jianghuai Automobile Co., Ltd.