buyers swarm opening of china auto show
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Buyers swarm opening of China auto show

Arab Today, arab today

Arab Today, arab today Buyers swarm opening of China auto show

Shanghai - AFP

Chinese buyers swarmed around hundreds of vehicles at the Shanghai auto show at its opening, highlighting the importance of the world's largest car market to manufacturers. Chinese and foreign automakers used models dressed as Playboy bunnies and dance performances to capture the eyes of potential customers, while long lines formed to try out driving simulators at one Japanese company. Among the shoppers was entrepreneur Ou Yang, who browsed the sleek black vehicles on offer by luxury German car maker BMW. "Since I enjoy driving very much, I prefer cars with higher maneuverability. As for the appearance, personally I pay more attention to the interior than the exterior," he said. China's auto sales reached 19.31 million vehicles last year, a 4.3 percent rise from 2011, according to a Chinese industry group. The country has been the world's largest auto market since 2009. Competition has become more intense as sales growth has slowed since 2010 and more companies have piled into the promising market. "The bar is very high today, compared to five or eight years ago," said Sha Sha, who leads consultancy McKinsey's Automotive & Assembly Practice in Greater China. But she added: "Given that China is such a sizeable growth market, the game is fair for both incumbent players and really competitive attackers." Sales of Japanese brands in China have suffered since last year amid political row over disputed islands that sparked street protests across the country and calls for boycotts. Toyota's China president, Hiroji Onishi, said he expected sales to recover later this year as the company launched new products, despite the lingering anti-Japanese sentiment and more competition. "The market is growing very large. That means competition is only going to increase among the various players," he told reporters. Another visitor to the show said he would not buy a Japanese car, after he viewed luxury Cadillacs from US auto giant General Motors. "I would definitely not buy a Japanese car... because of national sentiment," said the Chinese public servant, who declined to be named.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

buyers swarm opening of china auto show buyers swarm opening of china auto show

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

buyers swarm opening of china auto show buyers swarm opening of china auto show

 



GMT 03:23 2017 Monday ,17 April

Oman to take part in Rabat meeting

GMT 14:43 2017 Tuesday ,03 October

EU parliament to denounce lack of progress on Brexit

GMT 02:12 2017 Wednesday ,27 December

Lactalis Baby Milk Contamination

GMT 04:34 2017 Thursday ,21 December

Royal row as body of king who aided Mussolini returns

GMT 01:48 2017 Wednesday ,22 November

ERC provides aid relief in Hadramaut districts

GMT 09:06 2017 Thursday ,09 March

Digital publishing pays off for Axel Springer

GMT 13:03 2016 Wednesday ,21 December

Fila partners with Mountain dews green label exclusives

GMT 09:15 2017 Thursday ,09 November

Government Treasury Bills issue 1677 fully subscribed
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday