As a result of various analyses done by many automobile experts, the Chinese automotive industry has gotten third place in global automotive manufacturers. Chinese car manufacturing companies has sold about 1 million cars till the year 2006. If we compare the sales with the year 2005, there is a growth of 27%. Today, china is third largest automobile manufacturer in the world, while first and second place is reserved by United States and Europe respectively.
Various vehicles designed and manufactured by Chinese automobile companies are in demand all over the world. China had entered in world trade organization in the year 2001. Chinese companies have work hard in upgrading the quality of their vehicles to meet the standard of world.
Chinese car are comparatively cheaper and great in mileage. These cars are selling like hotcakes in all over the world. Chinese car manufacturing companies thanks all those, who teach them to make such efficient vehicles by changing a few design and use cheaper materials. Today the price of fuel is increasing day by day. Chinese cars are very helpful for those people, who are looking for economic vehicles. In short Chinese car are in great demand due to their low price and fuel efficiency.