Tuesday, March 14, 2006

China's Automotive Market Soars by 19% in 2005

China's demand for passenger cars increased 19 percent in 2005
* Shanghai GM obtained 7.6 percent of total market share in 2005;
Hyundai Elantra vehicle registrations increased 92 percent

SOUTHFIELD, Mich., March 14 /PRNewswire/ -- China's automotive market
maintained steady growth in 2005 to reach almost 3.8 million new vehicle
registrations, a 19 percent increase compared to 2004, according to
R. L. Polk & Co.
GM passenger cars captured 14.2 percent of the segment's market share,
with Volkswagen following closely at 13.3 percent of passenger car market
share. Nissan's passenger cars, ranked 13th in 2004 market share, grew an
impressive 58 percent to move into eighth place in 2005 with 4.1 percent
market share.


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