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AUTOS' WORLD NEWS
China News
* Auto export keeps vigorous growth momentum
China -People's Daily News -Feb 21, 2006: The two-way trade of China auto industry in 2005 has witnessed sharp changes: on one hand the market demand on imported cars continued to shrink; on the other hand auto export continued momentum of fast growth... News from China Association of Automobile Manufacturers said that the volume of foreign exchanges earned through exporting cars has maintained vigorous growth... Driven by fast auto and parts exports, China has netted a total of 19.715 billion US dollars...
* FAW exports nearly 15,000 vehicles in 2005
China -People's Daily News -Feb 15, 2006: Since topping 10,000 units in export of whole cars in 2004 First Automobile Works (FAW) saw considerable growth of whole-vehicle export in 2005 both in terms of quantity and trade value. According to statistics, FAW exported 14,256 vehicles in 2005, up by 40 percent year on year...
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