Gasgoo.com (Shanghai) - The rapid growth the Chinese automobile market has seen over the past last two years has finally come to a halt in 2011. Sales growth rates of over 30 percent, as was the case last year, have been replaced by figures in the single digits. This has, no doubt, been of great alarm to manufacturers in the country. Gasgoo.com (Chinese) conducted a recent survey on the automobile market in China, polling 2,179 experts from across the industry. Despite a recent upturn in sales recently, there is a general consensus that the market next year will be even bleaker, with most experts advising manufacturers to maintain a cautious attitude.
Dec. 28 , 2011Gasgoo.com (Shanghai) - What exactly do Chinese manufacturers need to see increased interest in own brand vehicles? A revolutionary shift in consumer attitudes may be just what these companies are looking for. According to a recent Gasgoo.com (Chinese) survey, polling 1,848 automotive experts and analysts, most agree that the government would be the most effective force in altering consumer tendencies.
Dec. 20 , 2011GAC is a privately owned shipping, marine and freight services group established in 1956 and head quartered in Dubai, UAE. GAC’s core business is specified as marine, shipping logistics and solutions.
Nov. 24 , 2011Gasgoo.com (Shanghai) - The question on everyone minds this year was how the Chinese automotive market would hold up in the fourth quarter. Now, it looks like that answer has become very clear. Without a doubt, industry growth this year has slowed tremendously from 2010. Earlier this year, analysts from the 21st Century News Group believed that total growth in 2011 would be around 10 percent, which would be in line with those of mature markets. In other words, it was the tremendous growth the industry saw for the last two years that was out of the ordinary.
Nov. 21 , 2011