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News from China Association of Aubomobile Manufacturers (CAAM for short as below) reveals that the top three Chinese automakers account for nearly a half market share in terms of sales volume. The top three Chinese automakers are as follow: Shanghai Automotive Industry Corporation (SAIC), China First Automobile Works Group Corporation (FAW Group) and Dongfeng Motor Corporation (DFM).
FAW got a very good market result in terms of sales volume and revenue. In the year of 2009, FAW sold more than 1,800,000 vehicles. DFM got the fastest growth among them at last year. SAIC also had a excellent market performance in 2009. In the year of 2010, those three auto giants have already made the year"s development plan, including the sales and revenue targets, market promotion strategy, launching auto models, etc. Many auto experts predict that China will meet another hot season in the year of 2010.