By Christiaan Hetzner PARIS, Sept 24 (Reuters) - The promise of massive car demand in China has spawned billions of dollars in new production plans, leading some experts to fear that overcapacity could help flood major export markets with bargain-priced Chinese-made vehicles. While global carmakers intend to invest about $13 billion to boost their annual assembly capacity in China to around six million cars by the end of the decade, domestic sales growth is expected to slow dramatically, ...
Premium Content (PAID Subscription Required)
"AUTOSHOW-China export dragon stirs; western makers sanguine" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.