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

  • Bad weather impacts Colas profits, but revenues up 4%
    August 29, 2012
    Unfavourable weather conditions are said to have been the main cause of Colas Group’s €19 million net loss in the first six months of 2012, compared to a €2 million net profit over the same six-months of 2011. However, the leading French transport infrastructure suppliers achieved a 4% increase in consolidated turnover to €5.6 billion between January 1 and June 30, 2012, against 5.4 billion over the same period the previous year.
  • Hexagon buys SCCS, a supplier of Leica Geosystems in the UK
    January 13, 2016
    Hexagon has acquired Paul MacArthur Limited, SCCS – a UK supplier of surveying equipment to the engineering and infrastructure market and a Leica Geosystems distributor for over 20 years. SCCS, based in Cambridge, England, provides surveying solutions across the country, offering customers rent, purchase and service options in the road, rail and construction projects. “As the UK continues to fund major infrastructure projects with more stringent processes related to Building Information Modelling (BIM
  • Zoomlion offers customers financial packages to buy equipment
    October 16, 2013
    Zoomlion is looking to continue its strong growth, having expanded through a series of acquisitions as well as through organic growth. And with its strong base there is a potential for future acquisitions to come. Zhang Jianguo is senior president of Zoomlion’s overseas division and explained that the firm’s financial packages offered to customers have been helpful in building its Chinese market share. He said, “Zoomlion has made great progress in financial solutions.”
  • Pakistan’s new Karachi-Hyderabad highway
    September 23, 2024
    Pakistan is planning a new Karachi-Hyderabad highway