Retail landscape will 'undergo dramatic changes'

BEIJING - Sales of passenger vehicles in China are expected to rise by more than 55 percent over the next five years, powered by the country's steady economic growth, according to a JD Power report released at the Beijing auto show.

The report said sales of passenger vehicles, including passenger cars, sports utility-vehicles and minivans, will reach 13.55 million units a year in 2015, up from 8.7 million units last year.

Larger automakers and long-established brands have recorded substantial profits in the past few years in China, it said.