Chongqing Automobile Industry Grows Rapidly
OREANDA-NEWS. In January to May of 2013, Chongqing automobile industry keeps rapid growth. At the same time of realizing promotion of both production and marketing, the added value of made-in-Chongqing automobile is increased steadily. Automobile above mid range and SUV products account for more than 30%. It is predicted that the automobile production of Chongqing in the first half of 2013 will break through 1 million.
Survey shows that the automobile and motorcycle industry completed a total output value of RMB 153.8 billion from January to May in 2013, a y-o-y increase of 17.3%. Among them, automobile industry achieved RMB 112.7 billion, a y-o-y increase of 22.6%. During the mentioned 5 months, the output value of finished automobile in Chongqing reached RMB 65.6 billion, increased by 21.5% year-on-year; that of special vehicle reached RMB 4.1 billion, increased by 5.2% year-on-year; and that of auto parts reached RMB 43 billion, increased by 26.2% year-on-year.
From the aspect of sales status, the production and sale volume of automobiles in Chongqing were totalled to 833,000 and 841,000 from January to May, a y-o-y increase of 20.1% and 21.3% respectively; while the national production and sale volume of the automobiles were 9,077,000 and 9,028,000, a y-o-y increase of 13.5% and 12.6%. It means that made-in-Chongqing automobile accounts for nearly ten percent of the Total Plate in the auto sales market of China.
Currently, the proportion of made-in-Chongqing automobile above mid-range has increased from 20% last year to over 30% this year.
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