An infant industry born during the 1980s and 90s experienced phenomenal growth making it the number one world market since 2010. The Chinese Auto sector is dominated by western manufacturers which 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.
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.
