Home / Business / Auto Tools: Save | Print | E-mail | Most Read | Comment
Automakers' best hope
Adjust font size:

The fact car sales in China topped those in the United States in January for the first time fully demonstrates the growing importance of the Chinese market for automakers at home and abroad.

Though the monthly data does not reflect the actual size of auto markets in China and the United States, it gives a good boost to those automakers who heavily bet their fortune on Chinese consumers.

However, the best hope that automakers can have about the Chinese market should not simply be a continuous increase in demand for traditional cars to cushion them against the global financial crisis and economic recession.

Instead, they should expect and do their most to help foster a steadily expanding market for green cars in China to underpin their future success.

According to data from the China Association of Automobile Manufactures, auto sales in China reached 735,500 units in January, temporarily edging ahead of total US vehicle sales of about 680,000.

China's sales data was not impressive in itself. The January figure was down 0.83 percent month on month and 14.35 percent year on year. Yet, compared with unusually depressed US sales, China's auto market looks even more attractive, even though its sales growth in 2008 fell below 10 percent for the first time since 1999.

Automakers' confidence in the Chinese market is well justified.

China overtook Japan as the world's second largest auto market in 2006. Admittedly, a one-month lead, or even a year lead as estimated, in total vehicle sales may not mean that China's auto market is really as vast as the US'. Yet, given its 1.3 billion population, China's auto market is far from saturated, unlike those in developed economies. And predictable increases of personal wealth in China will only further boost demand for private cars in coming years.

While the huge potential of the Chinese market is unquestionable, the burning problem for automakers is whether they can translate it into reality with cleaner and more energy-efficient cars.

Chinese consumers need more cars to make their living more convenient, but they can definitely not afford to drive in the same old fashion that pollutes the sky, jams the street and exhausts energy resources.

For those automakers who use huge fixed investment in traditional production lines and technologies as an excuse to refuse green cars, the rapid emergence of a new market as big as the Chinese one should be an ample reason for them to reinvent the wheel.

The Chinese government has rolled out measures to help boost vehicle sales as part of a multibillion-dollar economic stimulus package while stressing promotion of cleaner, more energy-efficient engines.

That is a clarion call for all automakers, home-grown or not.

(China Daily February 12, 2009)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Chinese automaker denies tech theft
- Chinese automaker aims at expansion
- Automaker ratchets up quality, design and sales
- Automakers are plugging in
- Automakers are plugging into green energy
- Automakers shift into high gear

Feb.14, Beijing China Macro-Economy Forecast Spring Annual Conference
Feb.22 - Feb.23, Shenzhen 21st Century China Capital Market Annual Conference
Feb.26 Shenzhen Time Weekly Marketing Awarding Ceremony

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 爽好舒服使劲添我要视频| 一本久久精品一区二区| 欧美日韩亚洲国产一区二区综合| 国产在线一区二区杨幂| xxxxx69hd杨幂| 成年女人黄小视频| 亚洲六月丁香婷婷综合| 精品国产丝袜自在线拍国| 国产激情久久久久影院小草| 一区二区三区免费视频观看| 日韩视频中文字幕| 亚洲视频在线观看地址| 超清高清欧美videos| 国产精品麻豆va在线播放| a在线观看欧美在线观看| 日日AV色欲香天天综合网| 亚洲成a人片77777老司机| 绝顶高潮videos| 国产成人麻豆精品午夜福利在线| www.成年人视频| 成人18视频日本| 久久精品国产亚洲AV麻豆网站| 欧美人与zoxxxx另类| 免费扒丝袜在线观看网站| 青草青草伊人精品视频| 国产精品午夜无码AV天美传媒| 一区二区三区四区精品| 成年人免费看片网站| 久9久9精品免费观看| 欧美一级黄色片在线观看| 免费v片在线观看视频网站| 韩国v欧美v亚洲v日本v| 国产精品无码专区在线观看| どきどき小房东| 日本大片免a费观看视频| 久久青草精品一区二区三区| 果冻传媒国产仙踪林欢迎你| 亚洲自偷精品视频自拍| 翁止熄痒禁伦短文合集免费视频 | 国内不卡1区2区| 999久久久无码国产精品|