Major Chinese auto makers expect growth of 5% to 19% in 2012, up from just 3% this year, but there are reports near-term prospects are not promising. The government-owned Xinhua news agency cites senior executives attending the recent Guangzhou auto show as saying they are confident about the long-term outlook for the Chinese market. Volkswagen Group China President and CEO Karl-Thomas Neumann says VW sales in China are expected to rise 15% year-on-year by the end of 2011. He says in ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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:
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.