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

  • Parsons Brinckerhoff launches highways management seminars
    October 22, 2014
    The first of Parsons Brinckerhoff’s regional seminars on how the UK should deliver whole-life asset management of its highways will held in Newcastle today, 23 October. The seminars, called Cracking up or Cracking on, are being run in association with the Chartered Institution of Highways and Transportation (CIHT), whose president, . David Gibby, will introduce the event. The cost of maintaining the country’s roads is constantly under pressure from growing demand on the system and increasingly common extr
    Read More
  • SSL hits back over criticism of its work on the Champlain Bridge
    December 11, 2017
    The contactor building the replacement Champlain Bridge in Canada has hit back over of allegations of poor workmanship in the US$3.3 billion project. The new 3.4km cable-stayed Champlain Bridge over the St Lawrence River will have six lanes vehicle lanes and a separate cycle and pedestrian lane. Design life is 125 years and is being constructed under a public-private partnership and operating contract of 30 years after completion of construction. Work includes construction of a smaller bridge for Île des
    Read More
  • Caterpillar’s 2016 results reflect tough market conditions
    January 31, 2017
    Caterpillar’s financial results for 2016 reflect the tough trading conditions that US construction machine firms in particular have been experiencing. In another development, the firm is looking to move its global corporate headquarters from Peoria to Chicago.
    Read More
  • Improving road safety in France and UK
    May 1, 2012
    The latest official data shows a continuing improvement in road safety statistics in both France and the UK. However the data also reveals worrying trends in accidents concerning vulnerable road users.
    Read More

Highlighted Content