Released on = July 24, 2006, 12:00 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = China's automobile industry is fast zipping ahead of other
traditional markets with incessant increase in domestic demand in addition to the
spurt in exports.

Press Release Body = Since China's entry into the WTO regime in 2001, an increasing
number of automobile companies have made their fore into the evolving market space.
A majority of them have come up with a range of diversified products, catering to
customer demand for speed and oomph. With zealously endorsed drive for cost-cutting
and technologically superior systems & designs, an increasingly competitive market
landscape has emerged. All these developments have initiated a price-based
competition, which stirred mass production and demand for automobiles.

In 2005,the sales and production figures for the Chinese automobile sector stood at
5.8 Mn and 5.9 Mn units respectively. China now constitutes 9% of the total sales
volumes for the global automobile industry, with the passenger vehicle segment
acting as the growth driver.

The market research report, "China Automobile Industry Forecast (2006-2010)" by
RNCOS, finds that in 2005, the China automobile industry grew at an incredible rate,
surpassing Japan to metamorph into the world's second largest automotive market.

The industry report reveals that though, the domestic sales figures will continue to
rise, however, it's believed that an increasing percentage of Chinese production
will be targeted towards exports. At the same time foreign imports will constitute
an increasing share of the domestic market, at least for the next ten years.

This report will help you to pinpoint and find answers to a host of critical
questions like:

. What is the perspective of China's automobile industry in the global scenario?
. What are the dynamic factors of China's automobile industry?
. How does China's automobile industry perform on the basis of product segments?
. What are the sensitive factors, defining success in China's automotive industry?
. How competitive is the market and who are the key players in the Chinese
automotive industry?

This market research report on China automobile industry is an excellent decision
making tool for business analysts, consultants, investors and top management
operating in the automotive industry, who are closely following the developments in
China's automobile market.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy :http://www.rncos.com/Report/IM050.htm
For more information about the report please visit www.rncos.com


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