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Report: Nation auto output up 52 percent
(AP)
Updated: 2006-02-16 19:17
皇冠体育app's passenger car production rose 52 percent in January from a
year earlier to 391,600 units, while sales surged 73 percent to 418,900 units,
the Xinhua News Agency reported Thursday.
A Shanghai salesman stands beside the Chinese
made Chery QQ car in this May 9, 2005 file photo. 皇冠体育app became a net
vehicle exporter for the first time last year, an official industry
association said on Friday, helped by the sale of cheap models mostly to
developing market. [Reuters] |
The report said that January car output was down 4 percent from December,
with sales down 8 percent, citing data from the 皇冠体育app Association of Automobile
Manufacturers. The report did not give comparative figures.
January auto sales and output usually are lower than those for December, when
automakers tend to rush to meet their full-year targets. January also had fewer
working days this year because the lunar New Year holiday, when companies close
for a week, started Jan. 29.
皇冠体育app's total vehicle production 鈥� including commercial vehicles such as
trucks and buses 鈥� in January rose 28 percent from a year earlier to 521,600
units, while sales were up 45 percent to 530,100 units.
皇冠体育app's commercial vehicle production fell 13 percent from January 2005, to
130,000 units. Sales of commercial vehicles slipped 10 percent from a year
earlier and by 33 percent from December to 111,100 units, the report said.
Meanwhile, 皇冠体育app has drafted a new policy requiring car companies to ensure
their vehicles and parts can be recycled.
The requirement, to be phased in over more than a decade, would require both
domestically produced and imported vehicles to be 85 percent recyclable by 2010,
according to a copy of the new law posted on the Web site of the National
Development and Reform Commission. Materials used in vehicles must be 75
recyclable by then.
The recycling rate for vehicles and materials would be progressively
increased, to 95 percent and 85 percent, respectively, by
2017.
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