With rapid economic development and the improvement of income per capita, automobile consumption in China has boomed in recent years and automobiles quickly become affordable consumer goods for ordinary families. In 2012, the automobile output volume in China was 19.272 million, increasing by 4.6% YOY. The sales volume was 19.306 million, increasing by 4.3% YOY. From 2009 to 2012, the automobile output volume and sales volume in China kept ranking the first in the world. In 2012, the output volume and sales volume of passenger vehicles respectively reached 15.5237 million and 15.4952 million, increasing by 7.2% and 7.1% respectively over …
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