DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/219bb2/china_autos_report) has announced the addition of the "China Autos Report Q4 2011" report to their offering.
China Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China's automotive industry.
China's total sales actually fell y-o-y for the second consecutive month in May, prompting a revision of BMI's total vehicle sales growth forecast for the full year to 5.2%. According to the China Association of Automobile Manufacturers (CAAM), vehicle sales were down 3.98% in May, to 1.38mn units, following a 0.25% drop in April. There was a rally in June as the passenger car segment returned to positive y-o-y growth. This took total vehicle sales for H111 to 9.3mn units, up 3.4% y-o-y, which justified the downward revision.
The production outlook has also been revised downwards to meet the slower demand, while supply chain issues relating to the Japanese earthquake and tsunami are also playing a part, despite efforts by other suppliers to fill the gap. In May, output of passenger cars fell 10% compared with April, to 1.041mn units, while commercial vehicle output was also down 18.68% month-on-month to 308,000 units. This leaves production for the five-months to May up by 3.19% y-o-y at 7.779mn units, which is lower than sales in both growth and volume terms. BMI's new production forecast projects growth of just 4%, with total output set to reach 17.774mn units.
Key Topics Covered:
Executive Summary
SWOT Analysis
Global Overview
Macroeconomic Forecast Scenario
Production and Sales
Industry Developments
Passenger Vehicles - Forecast & Analysis
Company Developments
Commercial Vehicles - Forecast & Analysis
Company Developments
Company Monitor
Methodology
Companies Mentioned:
- Daimler (China)
- Ford Motor (China)
- Shanghai GM
- Volkswagen (China)
For more information visit http://www.researchandmarkets.com/research/219bb2/china_autos_report