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According to the statistics of China Association of Automobile Manufacturers, from January to March of 2007, 52 domestic automobile engine companies included in the statistics range produced 1,958,300 engines in total and sold 1,922,300 engines, which were respectively increased by 22.51% and 22.80% over the same period of last year. The main driving forces for the growth of engine production and sales have come from diesel models in basic passenger cars, SUVs, MPVs, and commercial vehicles.
From January to March 2007, of the 52 vehicle engine companies mentioned above, Liuzhou Wuling, Guangxi Yuchai, Chang'an Group, FAW-Volkswagen, Chery Automobile, Shanghai Volkswagen, GAC Toyota Engine, Harbin Dongan Automobile Power, Beijing Hyundai, FAW Group , Kunming Yunnei, Dongfeng Honda Engine, Shanghai GM, Harbin Dongan Automobile Engine and Shenlong Automobile ranked among the top 15 in output rankings. In the past, the company’s annual output exceeded 100,000 units and it has entered a higher level. In January-March 2007, there were 24 companies with output exceeding 25,000 units, and 16 companies with output exceeding 50,000 units. There are 4 companies with output exceeding 100,000 units, and this group of figures has reached a record high.
In the first quarter of 2007, nearly 2 million cars were produced and sold in China.