China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers
Green Car Congress
FEBRUARY 22, 2010
According to data from the China Association of Automobile Manufacturers (CAAM), 4.58 SAIC Motor Corp, FAW Group, Dongfeng Motor and Chang’an Motor are the top automakers. Beijing Automobile, Guangzhou Automobile, Chery, Geely and Sinotruk form the second tier in the country’s auto industry.
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