China's car production is gradually approaching 30 million units
- The volume of car production in China (PC+LCV) has been growing steadily since 2005, rising from 5 million units in that year to 29 million in 2017 (including 25 million passenger cars and 4 million commercial vehicles), an increase of 500% in twelve years.
- It should be noted that this growth in Chinese automobile production (which is progressing in upward steps ) depends mainly on the growth of the Chinese car market. In fact, imports and exports remain very low, given the volume of the market: they are at about one-thirtieth of the market and one-thirtieth of production, which is excessively low.
- We also note that the growth of Chinese car production has slowed in recent years, which could augur a few years of near-stagnation, around 35 million units, one-third of global production.
- By manufacturer, we can see that two groups (Volkswagen and GM) progressively outdistanced all the others and alone represent 27.5% of Chinese car production in 2017. Far behind, the Renault-Nissan, Honda and Geely groups have benefited of the fall in sales of Hyundai-Kia en 2017. Geely could become the third-largest car producer in China this year, behind Volkswagen and GM.
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