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: 狠狠色欧美亚洲综合色黑a| 国产精品福利自产拍在线观看| 在线天堂中文在线资源网| 国产欧美久久一区二区三区| 国产AV无码专区亚洲AV手机麻豆| 亚洲高清日韩精品第一区| 久久精品视频网| xxxxx性欧美hd另类| 婷婷丁香六月天| 精品午夜久久福利大片免费| 欧美性大战久久久久久久| 挺进男同的屁股眼o漫画| 日日碰狠狠添天天爽五月婷| 夜夜爽夜夜叫夜夜高潮漏水| 国产在线精品无码二区二区| 人妻av无码一区二区三区| 亚洲国产一二三| 亚洲综合久久久久久中文字幕| 亚洲色偷偷偷综合网| 久久夜色精品国产网站| 99re6在线精品视频免费播放| 麻豆亚洲av熟女国产一区二| 热99re久久精品天堂vr| 日日碰狠狠添天天爽无码| 国产精品欧美亚洲韩国日本久久| 啊灬啊灬啊灬快好深视频在线| 亚洲乱人伦在线| av无码一区二区三区| 补课老师让我cao出水| 欧美又粗又长又爽做受| 女人腿张开让男人桶爽| 国产一级做a爰片在线看| 亚洲伊人成人网| 9lporm自拍视频区在线| 美女无遮挡免费视频网站| 最近中文字幕2018| 国产黄视频网站| 免费人成在线观看网站| 中文字幕精品一区二区| 99久久免费国产香蕉麻豆| 欧美最猛黑人xxxx黑人猛交98|