Free press releases distribution network?

Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Boom in Passenger Car Market Attracts Foreign Investment - Passenger cars industry, a booming sector in China, is set to witness healthy growth this year as well
Boom in Passenger Car Market Attracts Foreign Investment

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2007/06/19 - Passenger cars industry, a booming sector in China, is set to witness healthy growth this year as well.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As per a recent report “Passenger Car Market: A Global Review (2006)", published by RNCOS, it has been found that boom in the demand for passenger cars in China has attracted more and more overseas players to venture their capital in this segment. Consequently, foreign carmakers have declared that they would invest US$15 Billion in this sector by the next year (2008). This will impel car registration in China, which is expected to grow at a CAGR value of 13.82% during 2007-2010 to reach 6712, 000 units.

Outstripping Japan, China became the second largest consumer of vehicles globally during the year 2006. Booming sales in consumer vehicles remained the key factor behind this remarkable growth. The country is expected to retain its position in this year (2007) as well. Sales of commercial vehicles and passenger cars are expected to increase 7.8% and 22%, respectively, and touch 2.20 million and 6.30 million, as per Frost & Sullivan research. Chinese vehicles market will likely roll out about 8.5 million unit vehicles this year, 15% up from last year.

High GDP has been playing a significant role in making private cars a fast emerging necessity among the Chinese population. Active participation of the govt. to help the market further flourish has become evident as it declared reduced tariff on imported cars. This move is expected to allow overseas players to cut down their cars’ prices and increase their competitiveness in domestic market. In the meantime, new regulations on the qualification-evaluation of car-dealership will surely help in eliminating the car-dealers that don’t have authentic authorization, thereby encouraging fair competition in the market.

Leading enterprises & integration remain the prominent themes of interest in the auto-parts industry. Through several years of expansion and growth, auto-parts industry in China is improving its position. There’s been a notable improvement in the manufacturing level of this industry.

Conversely, industry competition anxieties have resulted in increased demand for capital and integration. Existing parts-makers want to expand and become more competitive, whereas new comers in this market want to grow into bigger players.

As per the RNCOS report “Passenger Car Market: A Global Review (2006)”, “Apart from Chinese consumers’ higher incomes, slashing prices and easy availability of car financing deals remain the key influencers for the car purchases in the country. This offers immense growth opportunities for overseas players in this country.”

This research reports on “Passenger Car Market: A Global Review (2006)” attempts to answer various key questions, including: how attractive is the passenger car industry for investors, who are the key competitors in the global passenger car industry, and so on.

About RNCOS E-Services Pvt Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Boom in Passenger Car Market Attracts Foreign Investment

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From RNCOS E-Services (P) Ltd / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

Frost & Sullivan Honors Interstate Batteries® as the Overall Best Brand of Automotive Batteries in the United States
R&D on Autonomous, Connected, and Electrification Technologies Creates Double-digit Growth Opportunities Finds Frost & Sullivan
Adoption of Integrated Gamification Technologies Boosts Growth in Automotive Ecosystem Finds Frost & Sullivan
RevMotiv Technology Co. and Lingzhong Technology to Create Electric Motors for Public Buses in China
MAN Group Unveils New MAN Vehicles Equipped with RIO Box as Standard
Frost & Sullivan Honors Greenlots with its Product Leadership Award
Frost & Sullivan Honors IriTech for Leading Iris Biometrics to New Frontiers in Mobile, AR/VR and Automotive Markets
Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem Finds Frost & Sullivan
eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today