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The booming auto industry of Guangzhou
Latest Updated by 2004-10-29 16:48:26

Guangzhou, capital of Guangdong Province, sees a consecutive increase of auto industry: Guangzhou Honda tops nation's marketing share in the past nine months, and Guangzhou Toyota prepares to meet the market demand in home and abroad.

HONDA

The sales volume of Guangzhou Honda Automobile Co., Ltd. hit 139750 in past 9 months this year, up 72.1% over the same period to last year. Accord tops the marketing share of high-end sedan market in the past five months, while Fit saloon tops the marketing share in small-size vehicles market. 

Guangzhou Honda plans to start its second phase to meet the ever growing demand. In the aim to create an auto industrial base in the East, the new factory project that is to be built in Zengcheng, township of Guangzhou, is under discussion.
 
TOYOTA

Guangzhou Toyota Motor Co., Ltd. (GTMC) makes effort to get the international standard in products and sales services in a bid to ensure its international competitiveness. It plans to tag the price of Camry in considering to international market trend, it is believed the marks that auto industry in Guangzhou step onto a new stage.

GTMC started full-scale construction this month, it expects to access the market of home and abroad in May, 2006.

Editor: Olivia

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By:Ouyang Yan Source:Newsgd.com
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