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Xu Changming: policy-driven NEV market to face development bottleneck

BEIJING – China’s policy-driven new energy vehicle market has been growing at a high speed for four consecutive years, but it will soon face development bottleneck, according to Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the China EV100 Forum 2018 held in

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Xu Changming: Annual auto sales could grow another 50 percent to 42 million units

BEIJING – China’s auto market has the potential to grow another 50 percent from last year’s levels to 42 million units, predicted Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the 5th China-Korea Auto Industry Development Conference organized by  SIC’s Department of Information

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Rising Opportunities in China’s Automotive Independent Aftermarket

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this article, we examine the complexity of China’s independent aftermarket including the distribution

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Rising Opportunities in China’s Automotive Independent Aftermarket (II)

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this paper, we examine the complexity of China’s independent aftermarket including the distribution

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CUCA 2017: China’s used vehicle market undergoing major transformation

WUHAN, Hubei – China’s used vehicle market is undergoing major transformation and industry stakeholders better recognize this and grasp new development opportunities. That was the consensus among participants at the 2017 China Used Car Assembly organized by China Automobile Dealers Association (CADA) here on July 5-7. Shen Jinjun, president of

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China’s used vehicle market moving into fast lane, says CADA President Shen Jinjun

WUHAN, Hubei – China’s used vehicle market is moving into the fast lane, according to Shen Jinjun, president of China Automobile Dealers Association (CADA). Shen made the comments in his opening speech at the 2017 China Used Car Assembly organized by CADA in Wuhan on July 5 and offered three

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China private car parc topped 100 million by end of 2016

BEIJING – China had 101.52 million privately-owned cars on the roads by the end of 2016, up 15.5 percent, according to the Statistical Communiqué of the People’s Republic of China on the 2016 National Economic and Social Development released by the National Bureau of Statistics on February 28. That is

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