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Industry: Email Alert RSS FeedDomestic automakers dominate low end of market.(2007 Guide to China's Auto Market)
Automotive News Europe, May, 2007
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Byline: Alysha Webb
Domestic automakers held their market share in 2006 against aggressive and well-funded overseas companies.
At the end of 2006, domestic brands owned 26.4 percent of the 4.7-million unit passenger-vehicle market, up from 26.2 percent at the end of 2005.
They dominated the low-priced end of the market. Most vehicles costing less than $10,000 were assembled by domestic companies.
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Expect that dominance to continue in 2007. Overseas brands are chipping away at local brands' market share in the wealthier and more demanding markets along China's east coast. ...
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