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Analysis: Predictions for the Chinese automobile industry in 2012

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 Sales growth rates of over 30 percent, as was the case last year, have been replaced by figures in the single digits.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 , 2011