Who Will Trigger the Bomb of Price in the Auto Market in 2003 in China?

Despite China's auto market is till immersed in the afterglow of its "great eruption of oil well," as if every model of cars, costing a high price or low price, would all sell well on the market, yet it can be predicted that the year 2003 will, no doubt, be a year of price for China's auto industry. As soon as a big equivalent "bomb of price" would blow off in the beginning of the year, the pricing in China's auto market is sure to go through a sweeping reshuffle, and an effect of the theory of domino is inevitable to follow. No wonder, the market will be shaken by a price downslide of some key model of car produced by a solid-founded enterprise, with a drastic price down of RMB50000 for each car!     

China's Auto Industry Under the Financial Crisis

The global financial tsunami has swept the automobile industry and put major auto markets in the world at stake.The Ameri- can market is now between the beetle and the block,with both General Motors and Chrysler on the verge of reshuffling.The European market has seen a plunge in both car production and sales in many countries.Several big auto companies in Japan have suffered a slump in car sales both at home and abroad.China's economy is inevitably affected,on a relatively small     

ING:China Will Be Listedas the Five World Top Automakers in 2004

Finance and Marketing Department of ING Group, which is one of the largest financial group in Europe, published its Forecast Report on Chinese auto industry. The Report said that in the coming a few years, the development of China's auto industry will surpass that of Canada,     

2007 IFCAID： Focus on China Autos

Environmental protection, energy- efficiency and green manufacturing, those heated topics in automobile industry nowadays exactly coincide with the 2007 theme of the International Forum on Chinese Automotive Industry Development （IFCAID）. IFCAID was successfully held in 2005 and 2006 and has now been broadly accepted as the most authoritative and anticipated event in the Chinese auto sector. And the famous Forum this year is scheduled to be held on 7-9 September 2007 in Tianjin, a production base of the global auto giant Toyotaand China＇s most influential auto manufacturer FAW.     

Transnational Auto Manufacturers Try to Squeeze into the Chinese Market

Chinese auto market has developed with an annual growth rate of 36%, the first in speed in the world. The investment of transnational companies in China's auto production are enough to produce 2.7 million autos, but China's wish to become the "world center of automobile manufacture" is still a dream.In the 2005 Report on Transnational Companies in China issued by the Ministry of Commerce, Jia Xinguang, Chief Analyst of China Auto Consulting and Development Corporation, criticized the "South Korean mode" of Chinese automobile industry.     

Where the Automobile in China Should Head for --In the perspective of allemative energy power

In the recent auto world, if we make a rank, the hottest word is possibly granted to ＂the alternative energy car＂. It is hot not by fads but by trend, a trend orienting the future of the auto industry. To fuel the cars with alternative energy other than the conventional fossil fuel has been the common concern of the countries all over the world. One big highlight of the upcoming new version of China＇s Policy of Automotive Industrial Development is the new added content concerning alternative energy automobile development revealed by the Ministry of Industry and Information Technology in China a few days ago. Though the number of the cars powered by the alternative energy running on the road is still quite limited, it has become a must for the development of this industry in long run.     

Great Changes in Heavy Duty Truck Industry

Under the dropping condition of the auto industry, since 2004, the heavy truck manufacturing has entered a developing phrase of high speed. The growth rate reached 44.5% now from last year's 4.2%, which is much higher than the average growth rate of auto industry. It becomes a focal point and profit generator. Some experts predict that in 2005 and even a longer time, heavy-duty industry will take a leading position in Chinese auto industry. However, according to the current situation of long lifespan of heavy trucks and estimated 420, 000 market population, the sales volume of heavy trucks will not increase a lot, with a growth of about 5% in the adjusting period.     

China s Auto Industry Under the Financial Crisis

The global financial tsunami has swept the automobile industry and put major auto markets in the world at stake.The Ameri- can market is now between the beetle and the block,with both General Motors and Chrysler on the verge of reshuffling.The European market has seen a plunge in both car production and sales in many countries.Several big auto companies in Japan have suffered a slump in car sales both at home and abroad.China's economy is inevitably affected,on a relatively small     

Development Trend of China Auto Industry in the New Century

It was the 50th anniversary of the establishment of Chinese auto in dustry in 2003. In the past 50 years, Chinese auto industry developed trom nothing, then expanded from small to big, and now it is growing from big to strong. In the 1980s when China implemented the reform and opening-up policy, Chinese auto industry got a rapid     

Development for China's Auto Industry in Recent Years

China's auto industry has gradually been transformed from the original extensive operation, to readjustment and steady growth since 1993. It has begun to concentrate on the development of new leading brands and the diversification of its automobiles, with multi-grades and functions. The steady increase in output of automobiles is a significant feature in China's auto industry in recent years. In the 1980s, the industry developed rapidly, with fluctuations at times. The     

The New Breakthroughs of Chinese Auto Industry

Auto industry is an emerging industry in China, China has a huge market of auto consumption in the world. Since the WTO accession, China＇s national auto industry is facing with a steep growth. However, the challenges are coexisting with the opportunities, for instance, the energy bottleneck, etc.. Where is the outlet？ Herein are suggestions from the experts.     

中国汽车市场情况

2002 witnessed a robnust China‘s auto market.After a year,people are becoming more optimistic about the auto market in 2003.Experts predict that this year China‘s auto industry will keep a rapid growth momentum.Meanwhile,in the development process China auto industry also encounters some difficulties,among which one prominent is that the city road construction can‘t satisfy the demand of a quick growing auto industry.     

Ace Auto's After-sale Adds Advantages

In the auto market, consumers often asked a question why the same car in the European and American market is cheaper than that in China. The key to this question lies in ,the difference of profit chains between European ＆ American market and Chinese market. In the mature European or American market, the portion of profit from auto sales accounting for the total profit is comparatively small, and quite a large share of profit derives from the auto＇s after-sale service market. With car ownership breaking through 30 million in China, the competition in auto industry in China is increasingly fiercer. And the time to rake in profits solely through selling cars has passed. The auto＇s after-sale service market gradually becomes another battle field for profit grab.     

Jia Xinguang:Structural Adjustment Urged to Curb Auto Overproduction

Since its WTO Accession in 2001, China's national auto industry has made remarkable progress, especially in terms of export. However, some problems still exist. Importantly, the issues of overproduction and chaotic market competition need to be addressed. In the beginning of new year, five national Ministries including the National Development and Reform Commission (NDRC) and China Customs have jointly drafted a document to regulate the auto export market; in the same vein, the NDRC has backed a document entitled Administrative Opinions on the Auto Industry, whose purpose is to address the issue of overproduction in the domestic auto industry. What is the significance of these two documents? What is their relationship? With these questions in mind, China's Foreign Trade interviewed Mr. Jia Xinguang, Auto Expert of China National Radio. Editor     

Where the Automobile in China Should Head for——In the perspective of alternative energy power

In the recent auto world,if we make a rank,the hottest word is possibly granted to "the alternative energy car".It is hot not by fads but by trend,a trend orienting the future of the auto industry.To fuel the cars with alternative energy other than the conventional fossil fuel has been the common concern of the countries all over the world.     

Hopes in the Crisis ——Chinese Automobile Market in the World Automanufacturing Industry Shuffle

The economic crisis spread rapidly around the world, making automobile industry one of the victims who are shocked hardest, leading to an industrial shuffle in global automobile industry. USA, EU and Japan, the traditional top three leading countries in global auto- mobile industry, could not have their lucks to escape from the crisis. The weak global automobile market forces these transnational auto companies to be more cautious about the future than ever. As reflected in the latest performance reports, though governments took measures to maintain the market, the sharp decline in global automobile sales volume continued in the first quarter. Automobile market bottomed out in the second quarter. US auto industry was affected the most, with two out of the top three manufacturers getting bankrupt and regrouped. In the first half, auto sales volume in USA was 4.80 million, down by 35.1% from that of the same period in 2008. The third largest automobile market in the world, Japan had a sales volume of 2.18 million, down by 21.5% with the same comparison.     

Analysis on Features and Future of Chinese Auto Industry

Since large-scale production, technology and advanced management help to reduce the cost, the reduction rate of the production cost is not totally equal to the reduction rate of profits, however it is certain that the average profits of the auto industry is in a decreasing tendency.     

Uneasy Road To Abroad

Auto M&A is a hot topic on people's lips,especially in the early September,when the permit of Chinese Geely to buy Swedish auto giant Ford's Volvo,was issued by China's National Development and Reform Commission,exceeding US$100 million.It is also said that Geely is the only Chinese automaker that has won official confirmation on such deals.On the road to expansion,Chinese auto enterprises are attempting various channels to win a toe standing in the international market.Overseas M&A offers them opportunities,and at meantime,challenges.The road for Chinese enterprises to driving abroad goes never too smooth,and auto industry is only one example.     

Analysis on Features and Future of Chinese Auto Industry

Since large-scale production, technology and advanced management help to reduce the cost, the reduction rate of the production cost is not totally equal to the reduction rate of profits,however it is certain that the average profits of the auto industry is in a decreasing tendency.     

A Successful Seminar on China Auto industry and International Market

Since January 2004, the sales of autos are slowing down. it is mature for the fast developing Chinese auto industry to go out to the international market. Meanwhile, the "early harvest" scheme is implemented in China and ASEAN Free Trade Area and the exchange visits of high-ranking officials are more frequently. After the ASEAN Business Meeting held in Malaysia this April, China-ASEAN Summit on Investment and Trade is to be held in Laos in November.In order to promote Chinese autos to go out cooperating and competing in ASEAN Trade Area, the Seminar on China Auto Industry and International Market has been hosted by Organizing Committee of China International Auto Exhibition Tour on April 21 to 22 at Beijing Minzu Hotel. The seminar is organized by the Society of