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Liangjiang posts 25% growth in auto production

4 June 2014
Liangjiang New Area in Chongqing, where the city’s major auto giants are located, has stated that nearly 600,000 vehicles were produced during the first four months of this year, generating an industrial value of nearly Rmb67bn, up by one-third over the same period last year.

Of the 596,600 vehicles produced, nearly 330,000 were passenger cars, up 22.8 per cent over the same period last year, while sport utility vehicles (SUVs) jumped by more than 90 per cent to 117,100 units. This has been achieved in the context of strong domestic sales growth, according to an unnamed senior official, who quoted growth figures of 30 per cent or more for SUVs and MPVs (multi-purpose vehicles) across China according to China Auto Industry Association.

In the second half of this year, he said, the authorities in Liangjiang New Area will speed up their work on existing projects involving Dongfeng, SAIC GM and Changan and continue to attract new manufacturing investments.

     
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