Vehicle production in China accelerates


Vehicle production in China rose 20.6% in October to register the biggest monthly gain since January.

Output for both the light and medium/heavy truck segments was strong during the period.

General Motors (GM +1%), Volkswagen (VLKAY -0.5%), and Ford (F +0.5%) are all catching a significant portion of the sales boom in China through their local joint ventures.

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Comments (1)
  • Tdot
    , contributor
    Comments (8920) | Send Message
     
    Ford is still a bit of a bit player in China, not even in the Big Five there.

     

    But China's auto market is already considerably bigger than the US, with nearly 18M units in 10 months, well on pace to reach nearly 22M for the year, while the US is struggling to reach 16M.
    5 Dec 2013, 02:35 PM Reply Like
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