BEIJING: Chery Automobile became the first Chinese vehicle maker to top the domestic car sales list since 1987 by selling 44,568 units in March, state media reported.
The company's sales last month beat the 40,071 units at Shanghai GM, a General Motors joint venture, 38,627 at Shanghai VW and 37,016 at FAW-VW, two joint ventures of Volkswagen AG, the official Xinhua news agency said yesterday.
The four best sellers held a combined 33% of China's car market in March, the report said.
Chery spokesman Wang Chao told AFP that his company sold 10,019 units abroad in March and exports in the first three months were close to 30,000 vehicles.
Chery said earlier this year it aimed to boost exports to 70,000 units this year from 50,000 in 2006.
“Our business (overseas) is going well,” Wang said. “We will definitely meet the goal of 70,000 and are trying our best to do even better.”
The firm became China's seventh largest vehicle maker and fourth largest producer of sedans in 2006, with sales of 305,200 units including 272,400 sedans, Xinhua said. – AFP