This is not shaping up as another record year for vehicle sales in China. At midyear, the Chinese Association of Automobile Manufacturers cut its growth forecast of vehicle wholesale deliveries to 5% from 10%-15% for 2011. And in recent CLSA Asia-Pacific Markets studies, Beijing-based analyst Scott Laprise calls for retail sales to rise only 1% this year to 18,261,393 units. That still leaves China as the worldâs largest automotive market, but the year-over-year gain is anemic compared ...
Premium Content (PAID Subscription Required)
"China Market Growth Slowing âFaster Than Expectedâ" 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.