China’s automotive market today is in a state of flux. The growth rate for passenger-vehicle sales in the world’s second-biggest auto market decelerated in first-half 2008 to 18%, compared with 26% in like-2007, and kept slowing to 6.8% in July, the smallest monthly gain since July 2006. “The slowdown was overdue and not unexpected. It was moderation from the very high levels of growth in the last six or seven years,” says Ashvin Chotai, an independent Asian analyst and consultant. ...
Premium Content (PAID Subscription Required)
"Burgeoning Chinese Market Showing Signs of Slowdown" 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.