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

  • Ecuador’s worryingly high fatal crash rate
    June 21, 2013
    Ecuador’s shocking high road fatality rate is giving cause for concern. Official statistics compiled by the World Health Organisation (WHO) suggest that Ecuador is second only to Venezuela in Latin America with regard to fatalities on the road network. The WHO figures show that Ecuador has an average of 28 deaths/100,000 inhabitants from road crashes, well above the global average of 18 deaths/100,000 inhabitants. Only Venezuela’s even more startling figure of 37 deaths/100,000 inhabitants is higher in Lati
  • US machine manufacturers hit hard by global downturn in construction
    November 30, 2015
    The latest report from the US-based Association of Equipment Manufacturers, AEM, makes for sobering reading. For the first six months of 2015, US exports of construction equipment dropped by 17% compared with the same period in 2014. The US manufacturers have been hit doubly, first by a tough international market and secondly by the high value of the US Dollar.
  • Manufacturing and research in China
    April 24, 2013
    Cummins and LiuGong are increasing their partnership in China, while Dana is opening a new research and development facility in the country. The first engines built in the Chinese joint venture facility established by Cummins and LiuGong are now rolling off the production line. The factory, located in Liuzhou in Guangxi Province, is part of a 50:50 partnership between the two companies called Guangxi Cummins Engine Company. The facility is now making L9.3 engines to meet the demand of both LiuGong and other
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.