· Guangzhou Automobile's annual output is expected to break 2.2 million
The Guangzhou Academy of Social Sciences recently released the "Guangzhou Automotive Industry Development Report (2014)" blue book. According to the report, in 2013, Guangzhou's automobile production and sales rebounded rapidly, and production, sales and growth both reached record highs. The report predicts that the scale of Guangzhou's automobile production and sales is expected to exceed 2.2 million in 2014, and the total output value of the automobile manufacturing industry will exceed 390 billion. The automobile manufacturing industry is still the first pillar industry in Guangzhou.
In response to the situation in which the development structure of Guangzhou's automobile industry is single and the competitiveness needs to be improved, the report proposes countermeasures such as accelerating the development of self-owned brand vehicles, vigorously developing the auto parts industry, and improving the development of new energy vehicles.
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