Rising Sales Figures to Take China's Auto Industry to New Heights

The automobile sales have been increasing in China at an exceptional rate, and this growth movement is expected to continue in future too, says RNCOS.

Noida, India (prHWY.com) February 21, 2012 - In China, strong economic growth and enhanced living standards have taken the automobile sales to new heights. One of the world's largest automobile markets, the Chinese auto industry has an immense potential for future growth. According to a new research report by RNCOS, government initiatives have given a boost to the industry, placing it in forefront on the global automobile arena. Keeping in view such factors and market developments, it has been estimated that automobile sales in China will post an impressive CAGR of 19% during 2011-2014.

Research Analysis & Highlights

The report, "China Automobile Sector Analysis", is spread over 95 pages, and provides a comprehensive research and balanced analysis for production and sales in each segment of the Chinese auto industry. The forecast for each segment and sub-segment's production and sales has also been included in the research study that further looks into emerging trends and industry's growth drivers. Information on electric and hybrid-electric cars, analysis of macro-economic indicators and study of recent developments and competitive landscape are all part of the report which aims at providing a balanced outlook on the sector's potentials.

Some of the key findings of the report are:

- Automobile production in China will post significant growth during 2011-2014.
- Focus on new energy vehicles like electric car has been increasing.
- Passenger car production is expected to grow stupendously in future.
- Increasing per head disposable income is driving automobile sales in China.
- Government support is giving boost to China's automobile industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM372.htm

Some of our Related Reports are:

- Two-wheeler Market in India (http://www.rncos.com/Report/IM364.htm)
- Used Car Market in India (http://www.rncos.com/Report/IM360.htm)
- India CNG Vehicle Market Analysis (http://www.rncos.com/Report/IM359.htm)
- Indian Tyre Industry Analysis (http://www.rncos.com/Report/IM267.htm)
- Vietnam Automobile Forecast 2014 (http://www.rncos.com/Report/IM348.htm)

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: china hybrid car

Categories: Automotive

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code