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

  • CASE’s new C-Series mini excavator
    April 7, 2017
    CASE Construction Equipment has launched a new C Series mini excavator line, starting with six models ranging from 1.7-6tonnes. Case will launch additional C Series models during 2017, said Gaston Le Chevalier de la Sauzaye, CASE product marketing manager for mini excavators. “The mini excavator is an essential product line for construction businesses, accounting for the biggest industry volumes by far at 53,000 units for Europe – and the market size is increasing each year. With the new C Series rang
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Europe’s road safety targets at risk
    June 15, 2015
    The EU’s targets for road safety are at risk due to increased fatalities in France, Germany and UK. This new analysis has been published by the European Transport Safety Council (ETSC). According to the ETSC data, 2014 showed the lowest annual reduction in EU road deaths since 2001. In all 25,845 people were killed in road crashes in the 28 nations of the EU during 2014. This represented a decrease of just 0.6% compared to 2013. EU member states now need to cut deaths by almost 8% each year until 2020 to me
    Read More
  • Progress delayed on Kenya's vital highway link
    February 16, 2012
    Kenya is investing in road developments , reports Shem Oirere. A multi-million dollar highway expansion project in Kenya's capital Nairobi may now be delayed for close to a year because of a huge underground network of water, electricity and communication pipes and cables that has slowed down construction works.
    Read More

Highlighted Content