Global Biz

China remains largest auto-makers in 2010

(Xinhua)
Updated: 2011-02-15 15:52

SEOUL -?China retained its status as the largest automaking nation in the world last year for the second consecutive year by producing more than 18.26 million vehicles, which was a 32.4 percent increase from the previous year and 23.7 percent of the global market, whereas Japan's total output was 9.6 million units in the same period and 12.5 percent of the global market, an industry report showed Tuesday.

Related readings:  Automakers benefit as domestic sales soar  China's auto sales expected to hit 18m units this yr  Beijing car market remains sluggish after 1st plate lottery  Honda targets China sales of 730,000 units in 2011

According to a report by the Korea Automobile Manufacturers Association (KAMA),?Republic of Korea (ROK)?has ranked the world's fifth largest automobile manufacturer for six consecutive yearswith a total of 4.27 million vehicles last year, accounting for 5.5 percent of total global auto-output.

The United States and Germany followed with 7.7 million and 5. 9 million vehicles produced, respectively, the report added.