Basic Passenger Vehicles Market in China Will Amount to 17.01 Million Units by 2017: ResearchMoz
Albany, NY (PRWEB) May 27, 2014 -- According to China Basic Passenger Vehicle Industry Report, 2014-2017, released by SinoMarketInsight, it is predicted that the production of basic passenger vehicles in China will amount to 17.01 million units by 2017.
View full China Basic Passenger Vehicle Industry Report with Complete TOC or request a sample of this report at http://www.researchmoz.us/china-basic-passenger-vehicle-industry-report-2014-2017-report.html.
In 2013, the production of basic passenger vehicles in China was 12.1008 million units, up 12.36% from a year earlier. During the period from January to April 2014, the production and sales volume of basic passenger vehicles (cars) totaled 4.1042 million units and 4.1464 million units respectively, a year-on-year increase of 3.76% and 4.88% separately. In 2013, the top 5 auto makers were FAW-Volkswagen, Shanghai Volkswagen, Dongfeng Nissan Passenger Vehicle Company, Beijing Hyundai Motor Co., Ltd. and Shanghai General Motors Co., Ltd., of which Volkswagen Group occupied 22.35% of the overall market share.
In terms of the levels of basic passenger vehicles, influenced by the adjusted vehicle purchase tax on passenger cars with 1.6L or lower displacement as well as the subsidies for energy-saving vehicles, A-class vehicle has seen a rising market share from 2009 on, from 50% in 2008 to 60%. It is projected that A-class vehicles will continue to take the lead in market share by 2014. However, in the overall passenger vehicle market, the Chinese consumers prefer mid-sized and large vehicles. Therefore, basic passenger vehicles would be squeezed by SUV market.
Browse other published reports by SinoMarketInsight (SMI) at http://www.researchmoz.us/publisher/sinomarketinsight-smi-87.html.
China Basic Passenger Vehicle Industry Report, 2014-2017 by SinoMarketInsight involves 6 chapters and 79 charts, including the overview of China’s overall automobile industry, the production and sales and competition pattern of basic passenger vehicles, and major vehicle models sold in market segments. Additionally, the report also introduced the profile and overall production and sales of basic passenger vehicle manufacturers, as well as production and sales, production bases and future development planning of basic passenger vehicles.
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View full report With complete TOC or request a sample of this report at http://www.researchmoz.us/china-air-transport-and-airport-industry-report-2013-2016-report.html.
In January-November 2013, China’s civil aviation industry completed total traffic turnover of 61.6 billion ton kilometers, up 10.3% YoY; passenger transport volume of 326 million people, up 11.0% YoY; cargo and mail traffic of 5.067 million tons, up 2.4% YoY. Compared to the falling tendency in 2011 and 2012, growth rate recovered slightly in 2013.
Under the comprehensive action of “sluggish macro-economy” superimposed by “structural impact brought by high-speed rail”, the overall effectiveness of Chinese aviation industry continues to decline. For the first quarters of 2013, net income of China’s three major state-owned airlines witnessed year-on-year decrease: Air China fell by 3.69% YoY to RMB4.061 billion; China Eastern Airlines RMB3.621 billion, a slight decline of 0.23%; China Southern Airlines RMB2.46 billion, down 7.69% YoY. But Hainan Airlines embraced double-digit growth in net income, which rose 28.44% YoY to RMB2.184 billion.
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The express industry enjoys a sound development prospect as a whole, which will stimulate the development of the express material (including waybill, packing list envelope, and destructive plastic bag) industry as the upstream market in terms of the demand. In 2013, China express waybill market was sized at 9.2 billion pieces, of which, sticker waybill increased by 63% year-on-year to 7.5 billion pieces, while non-sticker waybill grew by 55% year-on-year to 1.7 billion pieces; in the meantime, China express packing list envelope market scale reached 3.14 billion pieces, up 53.3% year-on-year. Of them, 50% were exported to four leading express companies across the globe; in 2013, the scale of China express destructive plastic bag market jumped by 71% year-on-year to 5.3 billion pieces.
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