Car sales in China in 2003 nearly doubled to 2.04 million units, Reuters reported, citing official data, after breaching the million mark for the first time in 2002, driven by an economy that expanded 9.1% last year.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Volkswagen joint ventures dominated the market with 694,000 sales for a 34% market share, followed by General Motors with 387,710 sales (19%). Honda was third with 123,000 sales (6%), ahead of PSA Peugeot Citroen (103,000; 5%), the report said.
