The growth of the auto industry in China in the early 2000s can be compared to the growth of the auto industry in the United States in the early 1900s. Since 2000, China has increased their automobile production 4-fold. In 2000, about 2 million vehicles were produced. In 2008, over 9 million were produced. And now with sales exceeding 1 million per month, production will surely follow this rapid demand for cars.
The question is…Which Chinese automaker will become the next Ford, GM, or Chrysler?
Geely (a car company that just started producing cars in 1998)
Chery (a company founded in 1997)
Dongfeng Motor Corporation
Great Wall Motor
First Automobile Works
Shanghai Automotive Industry Corporation
Chang’an Auto
Brilliance China
Guangzhou Automobile