BEIJING — China is predicting that market demand for passenger cars will reach 545,000 units in 1999, sustained primarily by private buyers. The optimistic forecast comes at the same time economists are predicting that weak domestic consumption and declining exports will pull down China's gross domestic product growth even lower, to 7% this year from 7.8% in 1998. The forecast reportedly is based on average yearly sales, GDP, capital investment, total consumer retail sales, consumer ...
Premium Content (PAID Subscription Required)
"Passenger car sales expected to accelerate" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.