Domestic automotive brands in China are facing considerable challenges, as their market share levels fall and overseas firms enhance their position in the world’s most populous nation.
According to the China Association of Automobile Manufacturers, the trade body, industry sales rose by 2.9 percent to 9.6 million units in the first half of 2012, with passenger vehicles enjoying a 7.1 percent lift, to 7.6 million units.
However, indigenous organisations saw demand for passenger vehicles decline by 0.2 percent compared with the previous year, in contrast to the gains made by major foreign operators like General Motors, Ford and Volkswagen.
(Source: Warc.com)
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