TABLE-China Aug retail car sales up 59 pct yr/yr

Trade the News

Monday September 06, 2010 07:23:06 PM GMT

BEIJING, Sept 6 (Reuters) - China's retail car sales in August jumped 59.3 percent from a year earlier to 977,300 units, the China Automotive Technology & Research Center (CATRC) said, a surprise bounce after sluggish sales in the summer.

Total vehicle sales in August -- including cars, buses and trucks -- rose 55.7 percent from a year earlier to 1.22 million units, helped largely by Beijing subsidies for fuel-efficient models.

The following table captures Chinese retail passenger car and vehicle sales in August and year-to-date. (percent changes are from a year earlier): ---------------------------------------------------------------

Aug pct change y-t-d pct --------------------------------------------------------------- NATIONAL TOTAL BY CATRC Cars 977,300 59.3 N/A N/A Vehicles 1,215,500 55.7 9,456,900 31.5 ---------------------------------------------------------------

Aug pct change y-t-d pct -------------------------------------------------------------- BREAKDOWN BY COMPANY

Aug pct change y-t-d pct ^*Honda Motor 48,399 5.9 414,730 18.4

Guangqi Honda 27,259 -0.5 243,395 9.1

Dongfeng Honda 21,140 15.3 171,335 34.8 Hyundai Kia 85,827 20.5

Beijing Hyundai 60,824 19.9 N/A N/A

DF-Yueda-Kia 25,003 22.0 N/A N/A General Motors 181,625 19.2 1,567,411 N/A

Shanghai GM 81,063 28.1 N/A N/A

SAIC-GM-Wuling 95,119 7.2 N/A N/A

FAW-GM 5.039 N/A N/A N/A Ford Motor 44,047 24.0 368,103 42.0 ^ Car sales only * Denotes new entry ~ Please see note

NOTE:

General Motors [GM.UL] operates a 49-51 car manufacturing venture with top Chinese automaker SAIC Motor Corp <600104.SS> in Shanghai.

It also makes mini vans and pickup trucks in a three-way tie-up with SAIC and Liuzhou Wuling Automobile in southern China. It has another venture with FAW Group, making light commercial vehicles.

Ford Motor makes Fiesta, Focus, Mondeo and other sedan models in China in a three-way tie-up with Chongqing Changan Automobile Co <000625.SZ> and Japan's Mazda Motor <7261.T>. It also holds 30 percent of Jiangling Motors Corp <000550.SZ>, which makes Ford's Transit vans.

Hyundai Motor Co <005380.KS> has a car venture with Beijing Automotive Industry Holding Co. Dongfeng Yueda Kia is a tie-up between Dongfeng Motor Group Co <0489.HK>, Jiangsu Yueda Investment Co <600805.SS> and Kia Motors Corp <000270.KS>.

Honda Motor makes cars in ventures with Dongfeng Motor Group Co <0489.HK> and Guangzhou Automobile Group Co <2238.HK>. (Reporting by Fang Yan and Ken Wills)

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