Abstract
The 2009 edition Chinese Supplier Report considers the importance of China for
the automotive industry and includes well over one hundred profiles of all the
key suppliers in the country.
The report studies the history and macro-economic background of the region and
looks at the vehicle market along with key issues such as regulation and
infrastructure.
Furthermore the report covers the structure of the Chinese supplier industry,
soucing and platform strategies and the structure of the OEM sector.
Background to this Research
According to our calculation, and after adding sales of CBU imports, vehicle
sales in China had already overtaken sales in Japan by a very narrow margin
(around 42,000 units) in 2005. In 2006, the surge in sales in China combined
with declines in Japan meant that there is now no doubt that China was the
second largest vehicle market in the world, and its lead over Japan was
extended to around 1.58 million units.
We are currently expecting total vehicle sales to exceed the 10m unit mark in
2009. Fundamentals are still very positive but a moderation in growth rates
from high base levels is inevitable. Overall, we expect total vehicle sales to
rise by 10.2% in 2009 and growth rates to drop below 10% after that. Our base
scenario forecasts 12.6 million units in 2012 and 17.3 million units in 2018.
|