Luxury cars continue to witness sharp growth too.
Entry level cars showed steady growth. The growth pattern during the first half year of 2001 was much higher than that for the same period in the past couple of years. Sales in June increased a lot due to new introduction of models like the Buick Sail and more price competition. ARA forecasts that the full year car sales will reach 700,000 units. ARA outlook report provides a concise and accurate forecast of China vehicle production and sales through 2005.