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Used vehicles biggest opportunity for dealers in China

  At the request of organizers of Global Automotive Forum, leading Chinese media recently interviewed William Underriner, chairman of the U.S. National Automobile Dealers Association (NADA) about his views on the China market, which sheds light on the differences of the world’s two largest automobile markets. The following are highlights

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OEM consolidation unlikely in next decade

BEIJING – Mergers and acquisitions among Chinese OEMs will be unlikely in the next decade, according to several speakers at CBU/CAR’s 2012 Global Automotive Symposium© (GAS 2012) held in Beijing in April. “The market is still growing rapidly and everyone can still get a cut of the market share, whether

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