China is on track to becoming the world’s largest automobile manufacturer.
On the morning of October 20, Changchun, the city of vehicles, was the scene of jubilation when China’s 10 millionth vehicle, a golden orange Jiefang J6 heavy-duty truck, came off the production line at First Automobile Works (FAW) Group Corp. This makes China the third country in the world to annually produce 10 million vehicles, following only the U.S. and Japan. Zhang Dejiang, member of the Political Bureau of the CPC Central Committee and vice premier of the State Council, sent a congratulatory letter.
By year’s end, China is expected to produce over 13 million vehicles — versus 10.5 million in the US. Just 3 years ago, US auto production stood at around 16 million vehicles per year.