By CFM , 2015-07-30 02:37:54
Since the beginning of this year, the growth of China’s Auto Market continues to slow down, which fact propels the auto enterprises who owns proprietary brands to high-end manufacturing but as well squeezes the market shares of dependent auto enterprises in China. The entry of foreign-invested company further adds insult into injury.
To cope with the difficulties lying in front of the road of development, there are several methods for dependent auto enterprises to break out of the encirclement. One is to aquire companies in the lines to strengthen one’s possibility to get a share in high-end market. So does the resources integration in mainland China. Another one is to develop the energy-saving vehicles that will be a shining star in future market. Heading to Intelligent Auto Manufacturing should be the third way out.
At present, on the auto market of China, 70% of the market share is taken by foreign-invested enterprises and the left 30% is local dependent enterprises that concentrate on mid-and-low-end auto manufacturing. The declining tendency of the market taken by dependent enterprises is continous.
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