Xinhua News Agency, Wuhan, December 30th The Hubei Provincial Machinery and Automobile Industry Investment Promotion Center provided information showing that from January to November, Hubei's automobile industry sales revenue reached 107.53 billion yuan, taking the lead in achieving the “Eleventh Five-Year Plan†of 100 billion yuan. Yuan industry goals. It is estimated that in 2006, automobile sales will exceed 500,000 vehicles and sales revenue will reach 115 billion yuan.
According to the “Hubei Daily†report, from January to November, the province produced 440,000 vehicles, an increase of 26.5% year-on-year, with a production and sales rate of 96.7%. Among them, there were 58,100 road buses, 218,900 cars and 53,600 refit cars, which were up 17.7%, 71.5% and 11.1% year-on-year respectively. There were 162,800 trucks, which were basically the same.
According to the analysis, this achievement is due to the fact that the automotive industry in this province has continuously increased its efforts in structural readjustment, continuously launching new products, improving services, and opening up markets. In 2006, Shenlong Motor Co., Ltd. launched a number of new vehicles such as the Peugeot 206, Peugeot 307, and Triumph, which were widely recognized by consumers. The annual sales volume increased by 60,000 vehicles year-on-year. The sales volume of Dongfeng Honda and Dongfeng Xiaokang increased by more than 30,000 vehicles and 40,000 vehicles respectively. At the same time, there has been marked progress in the export of complete vehicles and components, entering the markets of Southeast Asia, the United States, and the European Union.
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