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.
Highway & Network Management

Related Content

  • UK asphalt market: 'turning lower'
    February 29, 2012
    The UK asphalt market increased by over 5% in 2010 but the market has already started to turn lower, claims industry experts BDS Marketing Research, which is forecasting volumes to be around 1% lower in the current year
    Read More
  • Us bridges pose cause for concern
    August 2, 2017
    On Aug 1st 2017, it was 10 years since the I-35W Bridge in Minneapolis collapsed. The bridge had been classified as structurally deficient and was undergoing repair at the time. However the repairs focussed on the decking rather than the structure, with the additional weight of the extra asphalt layers and the construction machinery parked adding to the total load and contributing to the collapse.
    Read More
  • Road pricing revenue a source of investment funds
    February 16, 2012
    When channelled back into the road sector, revenue from road charging is seen by many as a source of additional investment and research funds as Patrick Smith reports. Late in 2010, three major European organisations put out a policy statement calling for fair charging for greener, smarter and safer road infrastructure. ASECAP (the European toll road operators organisation); ERF (European Road Federation) and the IRU (International Road Transport Union), said that in recent years the concept of road chargin
    Read More
  • 9th EAPA Symposium - 2015 in Istanbul
    August 20, 2015
    European Asphalt Pavement Association (EAPA), whose aim is to be the trusted voice of the European asphalt paving industry, organised its ninth Symposium in Turkey – Istanbul on 4 June 2015 with more than 110 participants from all Europe - Gülay Malkoc writes.
    Read More

Highlighted Content