3. Introduction:- Since November 2009, CHINA is the largest auto market in the world. China's automobile industry has been in rapid development since the early 1990s. In 2009, China produced 13.79 million units of automobile, of which 8 million units were passenger cars (sedans, sport utility vehicles (SUV), multi-purpose vehicles (MPV)and crossovers), and 3.41 million units were commercial vehicles (buses, trucks, and tractors). TOP 3 Automobiles company in china in 2009 :- FAW Group Volkswagen AG Toyota
4. (1) FAW Group (20.60%) The company , named China Faw Group Import & Export Corporation, was founded in 1953 and is headquartered in Changchun, China. FAW became China's first automobile manufacturer when it unveiled the nation's first domestically-produced passenger car, the Hong Qi, in 1958. As of 2009, FAW is the largest machinery corporationand the second largest auto manufacturer in China. CEO- Zhu Yanfeng Brands : Besturn, Huali, Shenli, Pengxiang, Dario, Yuan Zheng, Xiali,, Hong Qi and Jie Fang.
6. (2)Volkswagen AG (15.70%) First joint venture in China, Shanghai Volkswagen Automotive Co., Ltd., was established in October 1984. The second joint venture, FAW-Volkswagen Automotive Company Ltd. was established in Changchun in February 1991. Volkswagen Group China enjoys sales of about 18% (2007) of the Chinese market. Brand names :Volkswagen, Audi, Škoda, Bentley and Lamborghini. The goal of Volkswagen Group China is to continue its market leadership as the most successful car manufacturer by responding to the challenges with a strong local manufacturing network.
8. (3) Toyota (8.50%) Toyota Motor Corp. and its local Chinese joint ventures sold 77,200 vehicles in China in August 2010, up 16% from a year earlier. In the eight months ended Aug. 31, Toyota's overall sales totaled 503,800 vehicles, up 22% from the same period a year earlier. Cars like YARIS, COROLLA, MATRIX, CAMRY. There are around 12 dealers in China.