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(Transportation-News.com, December 05, 2016 ) China is leading the global automotive industry since 2009, when it overtook the US in terms of total vehicle production. China represents one of the fastest-growing auto industries and is one of the key regions for original equipment manufacturers (OEMs) across the globe. Passenger cars are a key segment of the automotive industry in China. This segment constituted more than 80% of the total automotive industry (passenger cars commercial vehicles). The year 2015 recorded sales of 21.15 million vehicles in China, led by sedans and small cars, followed by SUV/crossovers, MPV, and luxury car segments, respectively.
Publisher's analysts forecast the Passenger Vehicle Market in China to grow at a CAGR of 5.39% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/passenger-vehicle-market-in-china-2016-2020 .
Covered in this report
The report covers the present scenario and the growth prospects of the Passenger Vehicle Market in China for 2016-2020.
Publisher's report, Passenger Vehicle Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- BAIC Group
- Changan Automotive
- Dongfeng Motor
- FAW
- Geely
- SAIC Motor
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001239308/sample .
Other prominent vendors
- Brilliance Auto
- BYD Auto
- Chery
- GAC (Guangzhou Automobile Corp.)
- GM China
- Great Wall
- Volkswagen China
Market driver
- High adoption of electric vehicles to provide new business opportunities
- For a full, detailed list, view our report
Market challenge
- Increasing cost pressure on OEMs from demand side
- For a full, detailed list, view our report
Market trend
- OEMs to focus on new product development and strong product portfolios to secure market share
- For a full, detailed list, view our report
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001239308/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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