Automobile industry is the fastest growing industry as compared to other industries because the craze of cars is non stoppable. Every time people find something different either features or colors or different models in upcoming new cars which we cant imagine in past. As we know auto makers of few countries are ruling all over the world in which you can find Japan, South Korea and United States. On the other hands china is up coming rising star for the world of automobiles. The auto manufacturing in china started in 2000 and now they are developing very fast. About 7.189 million motor vehicles were made in china in 2006. Now most of the western countries are interested to support china auto making because they have low cost labors and they are becoming expert in manufacturing too. According to the experts china will become prominent exporter of cars in future. China is the second largest in the car market after Japan and third largest automotive producing in market.

In last five years china has doubled the automobile production as compared to the United States. Chinese auto maker took the advantages of their economy stability particularly when globally the world was affected by economic turndown at that time china auto industry were able to stable their auto industry. The china auto maker produces passenger cars and light trucks. All these productions took place because of domestic companies as well as joint ventures taking place between china and foreign auto makers. In auto making in china you can find major role of domestic automobiles manufacturers, which helped in improving automobile industry of china. The domestic manufacture you can find is Cheely Automobiles, Chery Automobile, First Automobiles Works or Dongfeng Motor Corporation and many more.

China is not only manufacturing cars but they are also becoming prominent automobiles parts supplier to the western countries. 2006 was turning point for Chinese automobiles spare parts industry because it was going through the transformation period. Chinese automobiles industry is growing per year to year due to such success many foreign companies have started investing in china auto spare part industry. The futures of the china automobiles spare parts industry seem bright as it is progressing. China itself is becoming ideal place for auto makers where they see marketing and selling of cars are more as compared to USA, Europe or Japan.

There are few reasons due to which western countries are now interested to invest in China auto industry. The purpose of the joint venture is to gain profit and to develop their market in Asian countries as other western countries are facing economic crisis. First reason is very clear china has advantage of big labor, which is available in low prices. More over they are gaining experience in domestic sales volume too. China automaker will be future maker of automobile industry which is going to produce fuel efficient cars for the world.