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It is understood that there are currently 60 companies listed in the National Catalogue of Automobiles and Agricultural Transport Vehicles and the Announcement in Hunan Province.
In 2003, Hunan produced a total of 68,000 vehicles of various types, an increase of 50.17% year-on-year. The automobile and parts industry completed sales revenue of 20.532 billion yuan, and total profit reached 1.209 billion yuan, accounting for 55.68% of the total profit of the province's machinery industry. One of the most striking is the rapid growth of industry backbone enterprises. Of the sales revenue of 20.532 billion yuan, the Hunan Torch and Changfeng Automobile accounted for more than half. The sales revenue of Hunan Torch doubled year-on-year, and the growth rate of Changfeng Automobile was also above 60%.
Li Jianxin, chairman of Changfeng Group, a leading manufacturer of automobile manufacturing in Hunan province, believes that the return of Hunan's autos to the top 10 is still promising. At present, the advantages of the Hunan automobile industry are still quite obvious: the production and sales volume of Changfeng Cheetah SUVs ranks first in the domestic industry for 4 consecutive years; in addition to off-road vehicles, special vehicles for Xiangji, Zhonglian and Sany, Beiqi Fukuda's agricultural vehicles are highly distinctive, and it is entirely possible to make certain varieties the largest in the country.
It is understood that according to Hunan's new plan, the automobile industry of Hunan Province will achieve a total industrial output value of 50 billion yuan in 2007. Key areas of development will include: light off-road vehicles and cars, heavy-duty vehicles and chassis, light trucks and passenger car chassis, large and medium-sized passenger cars and key components of automobiles.
Among them, in the field of light off-road vehicles and cars, the development of off-road vehicles of the Changfeng Group will be focused on, and 80,000 vehicles will be produced by 2007. At the same time, passenger cars and other types of passenger vehicles suitable for China’s national conditions will be developed. In 2007, 120,000 vehicles will be planned for production. Capacity; Development of Jiangnan Alto and Jiangnan scenery, in 2007 to form 100,000 production capacity.
In heavy-duty vehicles, light-duty trucks, large and medium-sized passenger vehicles, it is expected to have a production capacity of 15,000 heavy-duty vehicles, 100,000 light-duty trucks, and 15,000 medium and large-sized passenger vehicles.