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In the first three quarters, the sales volume approached 100,000 units, an increase of 1.5 times. According to the latest statistics from the China Association of Automobile Manufacturers, in the first three quarters of this year, the major car manufacturers with the top ten output in the country did not change in the first half of the year, but the ranking changed. The top four are Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM, and Guangzhou Honda. Beijing Hyundai ranked fifth, followed by Tianjin FAW Xiali, Changan Automobile, Shenlong Automobile, Chery Automobile and FAW Toyota. According to the sales rankings of the first three quarters, the top ten sedan manufacturers were Shanghai Volkswagen, Shanghai General Motors, FAW-Volkswagen, Guangzhou Honda, Beijing Hyundai, Changan Automobile, Tianjin FAW Xiali, Chery Automobile, Shenlong Automobile and FAW Toyota. Among the top ten car manufacturers, Beijing Hyundai Motor Co., Ltd. has the fastest growth in production and sales. In the first three quarters, the production and sales of cars reached 95,880 vehicles and 94,112 vehicles, respectively, an increase of 145.87% and 153.96% year-on-year. Guangzhou Honda ranks second in terms of growth, with production and sales of 141,210 vehicles and 137,913 vehicles in the first three quarters, an increase of 72.38% and 69.53% respectively. Shanghai GM's production and sales in the first three quarters increased by 41.26% and 48.76%, respectively, and Chery Automobile's production and sales in the first three quarters increased by 20.39% and 43.34% respectively, both higher than the average increase. Since the beginning of this year, the performance of the two publics in the north and the south has not been satisfactory. Although Shanghai Volkswagen continued to maintain the first sales in the first three quarters, reaching 287,657 vehicles and 286,234 vehicles respectively, it was down 4.08% and 7.96% year-on-year. The production and sales volume of FAW-Volkswagen for the first three quarters of the year were 234,765 units and 196,128 units respectively, with output increasing by 4.42% and sales volume falling by 2.98%. In addition, FAW-Volkswagen has the largest inventory of companies in the top ten car manufacturers, reaching more than 38,000 vehicles. With more and more domestic companies entering the field of cars, the market share of the top ten car manufacturers in the first three quarters of this year has been significantly reduced compared with last year, but it has recovered from the first half of this year. In 2003, the top ten car manufacturers accounted for 78.8% of the national car production, and sales accounted for 80.5% of domestic car sales. In the first half of this year, the top ten car manufacturers accounted for 72.8% of the national car production, and sales accounted for 72.3% of domestic car sales. In the first 9 months, the top ten sedan manufacturers accounted for 71.7% of the national sedan production, and cumulative sales accounted for 75.1% of domestic auto sales.
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