China's automotive sales boom is less deafening these days, but auto makers still are on a roll. Admittedly, the pace has flattened dramatically from the 61% jump in passenger-car sales in 2002 to 1.3 million units, followed by a 65% surge in 2003 to 2.1 million sales. In comparison, last year saw a modest 14% rise to 2.47 million units. Yet, few in the industry seem unduly concerned about future prospects. "Keep in mind that a normal rate of growth in mature automotive markets like ...
Premium Content (PAID Subscription Required)
"Chinese Auto Industry Looks Beyond Speed Bumps" 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.