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Auto sales expected to top 5m units in 2004 ( 2004-01-21 10:23) (Xinhua)
China's automobile production and sales figures are both expected to exceed five million units, up about 20 per cent year-on-year, in 2004, experts say. Sedan production alone is expected to top 2.6 million units. In the past year, China produced 4.4437 million autos and sold 4.3908 million, a yearly rise of 35.2 per cent and 34.21 per cent respectively. Statistics show that in 2003, sedan production registered a record high of 2.0189 million units, up 83.25 per cent year-on-year.Meanwhile, sedan sales reached 1.9716 million, up 75.28 per cent.
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