Industry gearing up for Guangzhou show

Auto industry insiders will turn their eyes to the Guangzhou motor show this week to see whether the biggest auto event in South China can bring a boost to the stagnant market.

Statistics from the China Association of Automotive Manufacturers show that to date the overall market has grown just 3 percent over 2011, the lowest in recent memory.

According to the organizing committee, the Guangzhou auto show that opens on Nov 22 will display a total of 950 models, 50 more than last year. Thirty-four are making global premieres and 23 making Asian debuts, both new records in the show's 10-year history.