Web Exclusive

CAAM says auto sales up to 25m by 2015

By Ren Jie (chinadaily.com.cn)
Updated: 2010-09-08 16:36
Large Medium Small

CAAM says auto sales up to 25m by 2015Trade surplus not worrisome: Chen
Related readings:
CAAM says auto sales up to 25m by 2015 China's auto market bounces back in August
CAAM says auto sales up to 25m by 2015 Auto production should be restricted
CAAM says auto sales up to 25m by 2015 China's auto makers reject 'excess capacity' warning
CAAM says auto sales up to 25m by 2015 Unchecked auto industry growth could harm economy: official
The China Association of Automobile Manufacturers (CAAM) predicted the output and sales of cars in China will increase to 25 million by 2015, which would account for 30 percent of global total car output, the 21st Century Business Herald reported Wednesday.

The association expected the scale of China's auto market to further expand during the 12th five-year plan period (2011-2015).

It also said China's auto industry would improve energy saving and emissions reductions over the period.

China overtook the United States to become the world's largest auto maker and auto market in 2009, with output and sales respectively hitting 13.79 million and 13.64 million units last year.