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China's Domestic Auto Industry
Pacific Epoch, June 2010, Pages: 32
An in-depth look at China’s domestic auto industry, including the largest foreign companies and mainland Chinese companies listed in Hong Kong.
China’s stimulus-fueled auto market boasted 46.1% y-o-y growth last year to break sales records and overtake the US as the largest car market in the world, and these growth rates accelerated in the first four months of 2010. However, recent signs indicate that new orders have started to cool, raising concerns that current sales levels may not be sustainable.
In this report we explain the effects of each government stimulus policy related to auto sales and how these will change in the future, discuss several key characteristics of the Chinese auto industry, highlight and analyze emerging macro and micro trends related to the sector, and offer company-specific research and analysis.
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