China's automotive sector-at a crossroad
ERNST&YOUNG --- Everyone agrees that the Chinese automotive sector is set for rapid growth, but there is little consensus on how the structure of the industry will evolve. Determining the views of those involved in the industry is a necessity if we are to develop a better understanding of the particular challenges of doing business in an evolving automotive sector in China, and how these challenges influence business strategies.
Main Contents:
·A giant market emerges
·Excess capacity - a serious threat?
·Cars - another Chinese export success?
·Chery on top?
·Domestic companies in the ascendant
·Threats and opportunities for foreign companies
·Volkswagen - still the dominant force
·Chinese components - set to have a big impact
·Conclusion
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