Focus shifts after slow in car sales and assembly
By Li Fangfang | China Daily | Updated: 2014-12-22 06:55
Aftermarket, new energy sectors to drive growth
The number of light vehicles assembled in China is expected to reach 23.5 million in 2015, a 10.6 percent increase compared to 2014, according to Autofacts, PricewaterhouseCoopers' automotive analyst group.
Although consumer demand remains solid, growth will moderate in the long term alongside a changing competitive landscape, said the consulting and accounting company.
Photo