Automobile sector in China: A multitude of small local players dominated by western businesses

industry report

Executive summary:

  • ​An infant industry born during the 1980s and 90s
  • Experienced phenomenal growth making it the number one world market since 2010
  • Dominated by western manufacturers who make up 60% of market share through joint ventures (JV) in cooperation with Chinese state owned enterprises.
  • Too many small local players with uncertain futures, approximately 80 manufacturers with weak sales volume
  • An industry (automobile and equipment manufacturers) that must structure itself in order to expand internationally
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