China Autos Report - Business Monitor International - Industry Reports

China Autos Report

China Autos Report - Business Monitor International - Industry Reports
China Autos Report
Published Aug 13, 2016
53 pages — Published Aug 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

We forecast passenger vehicle production to grow by -.- in ---- and at an annual average of -.- over our --------- forecast period. The growth in passenger vehicle production is largely to satisfy domestic demand. ...China previously held an advantage over its competitors in its export markets in terms of cost by selling mid- to low-end motorcycles, but growing consumer sentiment in its global export markets, particularly in Asia, has weighed on motorcycle exports as consumers were able to shift up to more premium motorcycles. However, we believe that as more motorcycle companies begin to invest to produce domestically, the industry will be able to produce more premium motorcycles, and will be able to do this at a more competitive cost, relative to its competitors abroad, since it will be able to leverage its newly established economies of scale. This will provide a boost to sales abroad and will drive growth in domestic production levels. ...This will provide a boost to sales abroad and will drive growth in domestic production levels. Lastly, we believe that the removal of the ownership cap in the motorcycle industry will pave the way for the removal of the same policy in the car industry.

...We forecast total vehicle production to grow -.- in ---- and at an annual average of -.- to ----. Wages constitute a high portion of manufacturing costs and this makes China an unattractive export hub. ...Wages constitute a high portion of manufacturing costs and this makes China an unattractive export hub. Therefore, we see auto production growing in line with vehicle sales over the coming years as automakers plan their output to largely satisfy domestic demand, rather than exporting. Furthermore, large motor companies are also drawn into local production for the domestic market as they attempt to avoid the -- tax levied on imported vehicles. ...Furthermore, large motor companies are also drawn into local production for the domestic market as they attempt to avoid the -- tax levied on imported vehicles. The latest move by GM to produce the Cadillac CT-, which will satisfy local demand, is an example of a move by large motor companies to limit costs and grow their bottom line.

...The ongoing rebalancing of the economy towards consumption- rather than investment-led growth will see the passenger car continuing to outperform commercial vehicles over ---------. Total vehicle sales and total vehicle production grew -.- and -.- respectively for H---. ...

  
Source:
Document ID
1748-9830
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "China Autos Report" Aug 13, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Autos-Report-2026-4>
  
APA:
Business Monitor International - Industry Reports. (2016). China Autos Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Autos-Report-2026-4>
  
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