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

  • China gears up for its giant CICEE construction equipment show at the Changsha exhibition centre in May 2023
    January 19, 2022
    China has announced that its CICEE International Construction Machinery Exhibition will be held from May 12-15, 2023 in Changsha, and forward bookings are looking very strong.
  • 90% of Ukraine roads require major repairs, according to state agency advisor
    February 21, 2013
    A reported 90% of Ukraine's 169,000kms of roads require major repairs at a minimum cost of US$55.49 billion (UAH 450bn), according to the advisor of the head of Ukravtodor state agency Engeniy Prusenko. The budget of the state program for motor road development in 2013-2018, approved by the Ukrainian cabinet of ministers in September 2012, amounts to UAH 264bn. Prusenko says that the program's funding is carried out according to plan, but it is not enough to conduct the needed amount of repairs. The governm
  • Abertis owed US$1.39bn from Spanish government for AP-7 Catalonia expansion
    March 6, 2013
    The debt owed by the Spanish Government’s Ministry of Works to infrastructure firm, Abertis, for the expansion of the AP-7 road in Catalonia stood at €1.07 billion (US$1.39bn) by the end of 2012 – an increase of 40.7% in just one year. The concession firm, Acesa, which is part of the Abertis group, signed an agreement with the Government in 2006 to add an additional carriageway on certain stretches of the highway, with the toll system also being changed to a payment model on exit instead of central tolls. T
  • Drink driving key problem for South African roads
    December 4, 2015
    South Africa has the highest rate of drink driving related road crashes in the world. Research by the World Health Organisation (WHO), shows that 58% of South Africa’s road deaths are alcohol related. This information forms part of the WHO’s Global Status Report on Road Safety for 2015. Although South Africa’s overall rate of road deaths has fallen, from 33/100,000 of population in 2006 to the present 25.1/100,000 of population, the risks on travelling by road remain very high. The report also says that ove