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Survey: Steady growth, but growing disparity

By Han Tianyang ( China Daily ) Updated: 2012-09-10 08:08:08

Survey: Steady growth, but growing disparity

Strong will likely get stronger, domestic firms under pressure

Despite a slowdown in the first half this year, China's auto market is expected to maintain stable growth of 8 to 12 percent annually over the next four years, according to a recent report by consulting firm AlixPartners.

But not all competitors will gain from the growth, as increasingly fierce competition, overcapacity and resulting low vehicle prices will lead to a more polarized market where the strong get stronger and the weak weaker, the report said, noting that local automakers in particular are facing more pressure.

Survey: Steady growth, but growing disparity

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