Dontreadytodieanymore-Business Blog for you

The international financial crisis in 2008 severely affected the global auto industry. Lost four of the major car companies the previous boom, and searched for an escape to rescue them. There is an exception to China’s auto industry, still in a period of growth. In 2008, China’s automobile and a yield of 9 increased 3.451 billion, for 5 2% from last year. However, the slowdown in growth for a period of 16 8% from last year. Total vehicle sales reached 9 38 million, an increase for a period of 6 7% compared to 2007, but the pace of growth declined by 15% compared to 2007. There was a sharp decline in the profits of Chinese carmakers. In 2008, stood vols FAO, Shanghai, Shanghai General Electric vols first three volumes and sales in the Chinese auto market. However, regardless of the brand, such as sherry, and landed in the stock market, accounting fully for about 25 only 92% in car sales as a whole. The Chinese government agreed to promote the development of China’s auto industry from the international financial crisis, and plans to activate the auto industry in January 2009. In conclusion, the main content: a tax cut of cars with low emissions, and provide subsidies for the purchase of policies to specific objectives in order to promote the consumption of cars; integrate the improvement and acquisition of the automotive industry, supported by Chinese carmakers to develop independent innovation and reform of technical and development of electric drive motor of the vehicle and its accessories Home; supports Chinese carmakers to develop independent brands, and accelerate the build a base to export cars accessories. Compared with the models International Motor, and China is getting to be a center of production and costs. Under these circumstances, the Chinese auto production to take advantage of lower costs compared with developed countries. However, various costs are rising in China’s auto industry. As far as accessories are concerned, and China does not have the advantage in equipment of high quality. The quality of medium and equipment developed in recent years. China, competing with India and Vietnam in poor quality production, such as batteries, tires, etc.. By China’s auto industry and the challenges of the global financial crisis, but also opportunities. Chinese auto market has huge potential for development in the area of mergers and acquisitions, supplies, and new vehicles of energy. And collaborated with companies, analysts, some experts in China’s auto industry to write this report in order to help people tide over the domestic and international, to explore opportunities in the Chinese market, and dealing with the challenge of the international financial crisis. Readers can get more of the following information in this report: - Production and sales of China’s auto industry - Export and import of China’s auto industry - Elements conducive to the development of the automotive market in China - Negative elements for the development of auto market in China - Prediction of China’s car sales volume, 2009-2012 - The effects of the global financial crisis on the domestic auto industry in China - The effects of the global financial crisis on the automotive industry of foreign funding in the Chinese market - Import and export trends - Sales of the main objectives of the international car company in China, 2009 Term effects – short, medium and long plans to revitalize the auto industry in China’s auto industry - The natural characteristics of China’s auto industry from the global financial crisis If you are interested in this report, see Report of China’s auto industry from the international financial crisis, 2009 for details