Commercial Vehicle Market is Growing Steadily in China
Released on = July 25, 2006, 11:30 pm
Press Release Author = RNCOS
Industry = Industrial
Press Release Summary = Steady growth has been observed in the China Automobile Industry for heavy & medium commercial vehicles during the past few years.
Press Release Body = Commercial vehicle segment comprises of around two-third of the overall China automobile Industry. Ongoing developments in public transport system, construction of highways, product development and aggressive selling by manufacturers have further heightened this growth.
It's anticipated that the upcoming Beijing Olympics & completion of national highway project in China will further augment the sale of commercial vehicles in the country. Sale of both heavy as well as light commercial vehicles is likely to grow at a rate of 6% during the next few years.
In its recently published market research report named, "China Automobile Industry Forecast (2006-2010)", RNCOS has covered all aspects of the China automobile industry. As per the report, "Commercial vehicle sales grew by 15% in 2003, while the sales for light commercial vehicles exceeded 2.1Mn units in 2004.
As per RNCOS analysts, "Light commercial vehicle segment, which is primarily dominated by domestic manufacturers, forms around 40% of the total automobile output in China. There're a total of 51 corporations operating in this sector".
Reasons why this report is a must read for you
Discussion on China automotive industry in global perspective. Dynamic in the China automotive industry. Performance analysis of the China automobile industry, on the basis of product segments. Success & Sensitivity factors influencing the China automobile industry. Discussion on how do different companies compare their position in China's automotive industry.
Who's the target audience of this report?
Business analysts, consultants, investors and top management operating in the automotive industry who are closely following the developments in China's automotive market.
Students who are in search of research material on the China automobile industry.
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