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China auto market is continuing surge at the third quarter of this year. The sale of light vehicle is up 69 percent year-on-year. In October of 2009, the total sales volume of light vehicle reached 1.17 million units. Among them, passenger vehicles sold nearly 812,000 units and light commercial vehicles totally sold 363,000 units, up 68 percent and 71 percent respectively.
Many auto experts predict that the whole year"s sale will exceed 12 million units. There are many reasons to spur the sale. Firstly, good state"s policy. Secondly, good investment environment. Thirdly, good confidence for China"s economy. Besides that, many automakers actively promote their brand in this year, such as expanding service network in secondary cities and rural areas, launching more new products, enforcing dealer management systems, etc.
All of automakers hope that the sale of 2010 maintains a robust growth. The sales volume in the next year may hit a historical record reaching 13 million units, up 6.6 percent year-on-year. The sale of passenger vehicles will grow 9.6 percent to 9.3 million units and light commercial vehicle sales will reach around 4.2 million units.