Big Opportunities Reassuring Auto Sales in China - FAQ, advises, how-to, reviews, selections, online sales

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Big Opportunities Reassuring Auto Sales in China China’s automotive industry continues to remain a feast for new players and local players, with recent entrants such as Nissan, which gained 152% year-on-year in 2005, followed by Toyota, up 44% and continuing to gain market share from ‘old’, ‘big’ players such as Volkswagen. Local players, meanwhile, benefit from the product mix change given their exposure to the small-car segment.

Cheap small cars dominate, accounting for more than 60% of volume sales; China is in track to almost triple by 2015, providing huge opportunities for both foreign and domestic automakers. As many industry analysts perceive the ownership and control structures of domestic automotive companies will gradually become more transparent. As a result, foreign companies will have the opportunities to strengthen relations with their domestic Chinese partners.

Given the potential scale of the Chinese economy, the scope for success and the need to manage risk are enormous for both domestic and foreign companies. Concerns such as excess capacity will likely lead to a competitive shake out of the industry and only those with appropriate strategies and investment plans will succeed in China’s booming auto market in the coming years.

The market research report China Automobile Industry (2005-2015) by RNCOS, provides a survey of the current activities, initiatives, and trials underway in the Chinese Automotive units. It includes an overview on the current standards and regulatory environment, as well as providing statistical information on the sales and demand for small passenger cars and international ventureship. The core of the report is an overview of the Chinese car vendors, their alliances, new product developments, and analysis of their positions in the market.

To get a copy of the report titled, China Automobile Industry(2005-2015), visit our website www.marketsmonitor.com or email at info@marketsmonitor.com).

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