AUTO INDUSTRY: China's first car, a Red Flag designed and manufactured by the Chinese, was produced in Changchun, northeast China's Jilin Province in August 1958. China is now the world's fourth largest auto producer and the third largest auto buying market. In 2003, the output reached over 4 million units. [Xinhua] Cars are ready for the market at the FAW-Volkswagen plant in Changchun, northeast China's Jilin Province. After 50 years' development, China is now the world's fourth largest auto producer and the third largest auto buying market. In 2003, the output reached over 4 million units. [Xinhua]