|
04-03-2008 Statistics
show that the country's total vehicle sales topped 859,500 units in January, rising
2.39 per cent month on month, and 19.84 per cent year on year. At
the same time, automakers have started a new round of launching new models of
vehicles on the market. They put on more than ten new models on the market in
January. Industry
experts held that the price hike of raw materials would bring about pressure on
profitability of enterprises, but it would exert limited impact on the overall
profit making of the industry. Auto
enterprises have the capability to digest the pressure from price rises of raw
materials such as iron and steel products by scale expansion, adjustment of product
mix, and using substitute materials. Statistics
show that China is expected to have more than 80 new models of vehicles on sales
this year including both the domestically made and imported. Production expansion
and increase of inventory will further accelerate market competition, and trigger
price cut on low- and middle-grade vehicles. Editor:Ida
Zhang from Chinabuses.com
| 
