China's automobile industry

China's automobile industry has a little more than half a century. Since the early 90s, it develops very rapidly. Since November 2009, China is the largest car market in the world. In 2009, China produced 13.79 million vehicles, of which 8,000,000 cars. 44.3% of the vehicles produced are local brands (BYD, Lifan, Chang'an, Geely, Chery, Hafei, Jianghuai, Great Wall, Roewe, etc.), others are produced in joint ventures with foreign automakers such as Volkswagen, Mitsubishi, General Motors, Hyundai, Nissan, Honda, Toyota, etc. Most of the cars made in China, sold in the domestic market. So in 2009 were exported only 369.6 thousand cars.

Annual production of cars in China for the first time exceeded one million in 1992. By 2000, China produced more than two million vehicles. After joining in 2001, China's WTO development of automobile market even more accelerated. Between 2002 and 2007, the growth of the national car market of China has averaged 21% or 1 million vehicles on an annualized basis. In 2004, automobile production exceeded 5,000,000, and in 2009 China produced 13 759 thousand vehicles, surpassing Japan to become the largest automobile manufacturers in the world. In 2010, both sales and production exceeded 18 million units. Manufacturing grew by 32.4% compared to 2009 and reached 18.26 million vehicles, including 11.6 million passenger cars, which helped preserve and consolidate first place in the world (including the sales of passenger cars), not only very far ahead of the leaders (U.S. and Japan), successive previous 40 years, but also ahead of all European Union countries combined. It was assumed that in 2011 China's auto industry will grow by 10-15%, and for the first time in the history of the world auto industry for a country will exceed the level of production of 20 million vehicles. However, the actual production of cars according to the China Association of Automobile Manufacturers (CAAM) has increased in 2011 by only 0.84% amounting to 18.42 million passenger cars produced 14.89 million (+4.23% compared to 2010) and commercial-3,930,000 (-9.93%). sales in the automotive market in China reached 18.51 million, which is only 2.45% higher than in 2010. This is due to the termination of the government stimulus programs automotive market (rising to 10% of the sales tax on small cars, minimize trade-in program for farmers and the introduction of strict quantitative limit the growth of the fleet in the most congested metropolitan Shanghai and Beijing). Sales of passenger cars in 2011 increased by 5.19% to 14.47 million, while commercial vehicles by 6.31% to 4.03 million However, even if the cardinal slowdown in production and sales in 2011 year, China maintained its leading position as the world's largest automaker and the largest automobile market in the world, again well ahead for these indicators dollars (8.61 million and 12.9 million, respectively).

a reached 62 million in 2009, and is expected to exceed 200 million by 2020. By 2011, according to the Ministry of Public Security of China's national vehicle fleet exceeded 100 million, ahead of Japan (73.6 million at the end of 2010) and became the second in the world after the United States.