Friday, 21 November 2014

R&I: Detailed China Basic Passenger Vehicle Industry Forecast and Trend Analysis by a Report on Reports and Intelligence

Reports and Intelligence adds a report titled “China Basic Passenger Vehicle Industry Report, 2014-2017.” The report provides holistic information on the overall market and helps the investors to make a profitable decisions.

As per China Basic Passenger Vehicle Industry Report, 2014-2017, it is anticipated that the creation of essential traveller vehicles in China would sum to 17.01 million units by 2017. In the year 2013, the creation of fundamental traveller vehicles was 12.1008 mi units in China, i.e. it rose to 12.36% from a year prior.

Amid the duration from the month of January to April in the year 2014, the generation and deals volume of fundamental traveller vehicles (autos) was 4.1042 mi units and 4.1464 mi units individually, with every year increment of 3.76% and 4.88% independently. In the year 2013, the main 5 car producers were Shanghai Volkswagen, FAW-Volkswagen, Beijing Hyundai Motor Co., Ltd. Dongfeng Nissan Passenger Vehicle Company, Shanghai General Motors Co., Ltd., of which Volkswagen Group possessed 22.35% of the general piece of the pie.

As compared to basic vehicles, the A-class vehicles have seen an upsurge from around 50% in the year 2008 to 60%. It is anticipated that A-class vehicles would keep on taking the lead in the market by 2014. On the other hand, in the general traveller vehicle industry, the Chinese buyers incline toward medium sized and substantial vehicles. In this way, essential traveller vehicles would be pressed by SUV market.

China Basic Passenger Vehicle Industry Report, includes 6 parts and 79 diagrams, including the diagram of China’s general auto industry, the creation and deals and rivalry example of essential traveller vehicles, and real vehicle models that were sold in business sections. Also, the report additionally presents the profile and offers of essential traveller vehicle makers, and creation and deals, generation bases and future advancement arranging of fundamental traveller vehicles.

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