Despite the recent sales of Chinese light vehicle market appears slow, but professional information institutions remain bullish Chinese automobile market.

    AlixPartners global information company, said yesterday that sales of the entire vehicle market in China from now to 2016 will remain as high as 15% of the annual average growth rate. The agency announced yesterday in the "2011 China Automotive Outlook Survey Report" have been the focus of this view.

    Local market share of the lowest car prices

    "In the early months of this year, China's auto market has experienced a period of slowdown, this is because the Government to abolish the stimulus for the automotive industry and has taken on a new car to buy some restrictions." AlixPartners Managing Director, Roman said.

    "Nevertheless, we investigated the cross-industry officials involved in the market are still very optimistic about the long-term growth, they believe that by 2016, China's auto market, the average annual growth rate of 12% to 15%. Not like that kind of high growth in 2009 , is a very healthy number. "Roman said.

    This growth is expected from the main driving force behind the growth in household wealth. At present, China's annual income over 60,000 yuan in urban households, 72% owning a car, but the income level of households accounted for only 20% of the total urban households, so growth potential is evident. AlixPartners that the next five years, earning more than this threshold is expected to double the number of families.

    Although the market outlook remains optimistic, but China's domestic automobile manufacturers are facing greater pressure on the operation. 40 based on the domestic and multinational executives funded research results show that in 2010, although the market share of China's vehicle manufacturers increased slightly, but the well-known companies such as Chery, BYD, and market share have declined in recent .

    "It is interesting to fame the previous year the company often can not remain successful in the following year. We have witnessed such a situation occurred in the Geely, Chery and BYD body now." Roman that worldwide successful experience in automobile manufacturing and technology companies have in the past several years has accumulated and, therefore, for new market participants, including many Chinese local enterprises, multinational companies in a short time to reach the level of maturity is not easy.

    A set of figures just prove this point. With the local automotive industry in major countries, China's domestic market share of the lowest vehicle manufacturers. Statistics show that Japan's domestic vehicle market share of plants in the local maximum, reaching 96%. Followed by South Korea, up to 95%. While China came in Germany, France, the United States, Russia, Italy, after India, only 29%. Although the expected five years, China's domestic commercial vehicle market share can increase to 34%, but this figure is still not high.

    China Auto Parts 1.6 trillion last year, fetched

    AlixPartners reports that the Chinese auto parts suppliers continue to maintain the world's highest level of profitability in 2010, the average profit margin of about 10% higher than the vehicle manufacturer's profit margins by 2.4 percentage points, and two in 2008 profit times. Data show that China's auto parts sales in 2010 increased by 44% to about 1.644 trillion yuan.

    In recent years, Chinese auto parts manufacturers remain the strongest in the world which attract peer capabilities, and China's rapid development of automobile manufacturing industry is only one reason, AlixPartners director Wu Jinghui In an interview with "Business News" interview that the principal and the Chinese auto parts market is more fragmented situation related.

    "The Chinese market in different regions, different brands have their own system, supply system, and a higher degree of integration of foreign markets, from 5% of the suppliers of the market 80% to 90% of the products, while China has not got to that highly integrated phase. "Wu Jinghui think.