Foreign automakers have committed in excess of US$13bn to triple annual capacity to 6m units by the year 2010
Released on = September 11, 2006, 3:29 am
Press Release Author = Bharat Book Bureau
Industry = Automotive
Press Release Summary = Mumbai, India - Sept 11 - Bharat Book Bureau, has added \"Intelligence set: The Chinese automotive components sector PLUS a set of 10 supplier profiles\" (http://www.bharatbook.com/detail.asp?id
Press Release Body = Intelligence set: The Chinese automotive components sector PLUS a set of 10 supplier profiles
This new Intelligence Set contains the first edition of our Chinese automotive components sector report, PLUS profiles of the top suppliers in this market: Delphi, Visteon, Bosch, Denso, Siemens, ZF Friedrichshafen, Valeo, Johnson Controls, Lear Corporation, ArvinMeritor.
The explosive growth of the Chinese car market may have hit the wall in the past year or so, but nobody could doubt the long-term potential of the market. Senior executives, including General Motors\' chairman Rick Wagoner, believe the enormous pent-up demand for cars will eventually make China the world\'s largest market, eclipsing even the United States.
Most of the attention has focused on the vast investments made by global automakers in setting up production facilities in China. Altogether, foreign automakers have committed in excess of US$13bn to triple annual capacity to 6m units by the year 2010.
In addition to joint ventures between overseas car producers and local manufacturers, new, local vehicle manufacturers are emerging. Companies such as Chery and Geely are developing their own cars independently of western partners.
This new research from just-auto provides an in depth look at the market in terms of history and structure. It will give you and insight into the level of investment that has been made by Tier 1 suppliers, looking specifically at the activity of each of the major components companies in the Chinese market.
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