China Automobile Industry is Tapping Overseas Markets
Released on = August 6, 2006, 11:30 pm
Press Release Author = RNCOS
Industry = Automotive
Press Release Summary = With record increase in the production of automotives, China Automobile Industry is able to satisfy the needs of both domestic as well as overseas customers.
Press Release Body = Auto-manufacturing industry in China has stepped onto a stage for large-scale production. Overwhelming production has resulted in increased export of Chinese automotive products to the overseas markets during the year 2005.
China automobile industry's performance growing by 157%, the export of vehicles reached 170,000 units in 2005. Chinese automotive products were shipped to 179 countries across the world. However, commercial vehicles were accountable for around 60% of it. Export of domestic brand "sedans" demonstrated a growth of 224%, during the year 2005.
"China Automobile Industry Forecast (2006-2010)", the latest market research report published by RNCOS, provides a comprehensive analysis of all aspects of the China automobile industry.
As per the report, "For the first time the export of automotive products, including automotive components, in China exceeded its import. There was a growth of 56% in the export of automotive products during the previous year (2005). Excellent performance of China's automotive component sector was also reflected in the growth of exports, as it comprised of 43% of the total exports".
As per analysts at RNCOS, "Cost & emission would be the key factors for the success in exports markets for China. America & Europe are going to be the priority markets for the Chinese export".
Key Questions Answered in this Report
- What is the potential of automotive industry in global perspective? - What are the dynamic in the China automobile industry? - What is the China Automobile Industry performance, on the basis of Global Automobile Market Segmentation? - What are the success & sensitivity factors for the China automobile industry? - How do different companies compare with each other?
Who is the target audience of this report?
This market research on china automobile industry is a document of paramount importance for business analysts, consultants, investors and top management who need additional information for decision-making. Management students will also find this report extremely useful in their studies.
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