The performance of Chinese auto industry in 2013 is output of 22.1168 million and sales volume of 21.9841 million. Top 6 manufacturers remain the same for 4 years, which are SAIC, DFM, FAW, Chang'an, BAIC and GAC. The other manufacturers in Top 10 are Brilliance, Great Wall, Geely and JAC. And SAIC, DFM, Chang'an, BAIC, GAC, Brilliance and Great Wall have achieved annual target of 2013. Chang'an auto fulfills highest growth rate of 111.85%.
Self-owned brand auto industries have formulated radical target for themselves such as DFM, Geely, Chery, BAIC and Great Wall. The year-on-year growth rate of self-owned brand auto industries including Brilliance and Great Wall is over 20%. Analysts said the development of self-owned brands is quite important for China to become powerful in auto industry.
Most auto manufacturers have released their sales target of 2014. SGMW's target in 2014 is 1.8 million and year-on-year growth rate will be 12.45%. SGM's target in 2014 is 1.6 million and growth rate will be 13.08%. For Chang'an Ford, its target in new year is 0.79 million and growth rate will be 15.7%. Beijing Hyundai's sales target of 2014 is 1.1 million and Dongfeng Honda's target is 0.35 million in 2014, 0.5 million in 2015. It is said Toyota's target in 2014 is 1.1 million, which is highest in the history.