Gasgoo.com (Shanghai Mar 4) –Although Chinese macroeconomic increases by less rate, China Automotive Industry Association still predict the growth rate of China auto market will be 7% in 2015. But auto enterprises will keep expanding their business in China.
Compared with the growth rate of 6.9% of China auto market in 2014, the sales increase rates of Shanghai Volkswagen and Shanghai General Motor were still impressive. The growth rates were 1.3% and 1.2% on year-on-year basis, which were both higher than industry.
It is known that the capacity of Shanghai Volkswagen will be over 2 million after the production of its new factory in Changsha. And the capacity of General Motor will be 5 million, increasing by 30% as the expand production of Shanghai General Motor and SAIC-GM-Wuling Automobile. As planned, Toyota will challenge sales target of 1.1 million in China and the capacity of Dongfeng Nissan will be 1.5 million with completion of Dalian factory 2rd process project. Changan Ford also plans to keep the growth rate of more than 10%. It is said Changan Ford will use the factory of Hafei Automobileto build new production lines. The capacity of Changan Ford will be 1.4 million after new factory completed.
