automotive industry

2020 Chinese Automotive Market Perspectives

China’s new car sales have been growing at a two-digit rate for the past decade, reaching 19.9 million vehicles purchased last year. However, due to more and more constraints – market maturation, fierce competition and local restrictions over car sales – its growth rate is unlikely to exceed 10% per year during the next decade. How should OEMs adapt?

  • Differentiate your products

It will ease the competition and enable you to increase your profit margins.

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