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CHINA SET TO BECOME WORLD'S 3RD-LARGEST AUTO GIANT.
BEIJING, Jan 1 Asia Pulse - China's automobile production and sales are set to exceed seven million units in 2006 and China will overtake Germany to become the world's third-largest automobile producer.
China's automobile industry will still keep a steady rising momentum in 2007, with sales expected to grow by 15 per cent.
Moreover, automobile enterprises will also compete on quality and service, not only on price.
China's macro-economy is turning for the better, the income of urban and rural residents is rising ...
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Source: HighBeam Research, CHINA SET TO BECOME WORLD'S 3RD-LARGEST AUTO GIANT.