Skip to main content

China car rental revenue to hit US$6.33bn in 2015

China's car rental market is set to record a 17% increase in revenue during 2015 to US$6.33 billion (CNY 39bn) compared to 2010, according to Roland Berger Strategy Consultants. The country's top rental firm, China Auto Rental, is expected to be offering more than 100,000 cars by 2018. The firm recently launched a strategic plan to 2018. In June 2013, China Auto Rental hired world famous football player David Beckham as the company's ambassador. The car rental services provider currently offers 55,000 cars
July 9, 2013 Read time: 1 min
China's car rental market is set to record a 17% increase in revenue during 2015 to US$6.33 billion (CNY 39bn) compared to 2010, according to Roland Berger Strategy Consultants.

The country's top rental firm, China Auto Rental, is expected to be offering more than 100,000 cars by 2018. The firm recently launched a strategic plan to 2018. In June 2013, China Auto Rental hired world famous football player David Beckham as the company's ambassador. The car rental services provider currently offers 55,000 cars at over 600 outlets in 66 Chinese cities.

Related Content

  • LiuGong bullish
    February 14, 2012
    Chinese construction equipment manufacturer LiuGong Machinery announced first quarter earnings of US$93.35 million (¥612 million; ?66.03 million) from a net profit of $905.58 million (¥5.94billion; ?640.59 million) total sales revenue.
  • LiuGong bullish
    May 2, 2012
    Chinese construction equipment manufacturer LiuGong Machinery announced first quarter earnings of US$93.35 million (¥612 million; ?66.03 million) from a net profit of $905.58 million (¥5.94billion; ?640.59 million) total sales revenue.
  • France tops Eurobitume’s European bitumen consumption table
    November 20, 2017
    Among European countries, France consumed the most bitumen in 2016, using over 2.2 million tonnes of the black stuff, according to figures from Eurobitume. The recent 2016 Eurobitume Bitumen Consumption Statistics for Europe shows that bitumen consumption across all grades for Europe as a whole was 11,274 million tonnes in 2016.
  • Recycled pavement use rises again in the US, according to NAPA
    March 5, 2015
    Recycled asphalt use is growing in some markets - David Arminas writes. The use of reclaimed asphalt pavement in the US increased during 2013 after two years of no rise, according the latest report from the US National Asphalt Pavement Association (NAPA). The report found that more than 73 million tonnes of reclaimed asphalt pavement and 1.7 million tons of reclaimed asphalt roofing shingles were used in new asphalt pavement mixes in the US during in 2013. Using recycled asphalt material saved about $2 bill