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

  • Tertu’s T40 guardrail passes Chinese certification
    April 19, 2018
    Tertu reports that its T40 guardrail is the first European steel-backed timber safety barrier to be certified to Chinese standard JTG B05-01 -2013 (level A) The T40 barrier recently passed a crash-test programme at the Beijing Shenhuada laboratory. This certification is an essential step for the development of the company’s business in China, according to the French manufacturer, which will be at Intertraffic in Amsterdam this month. The barrier system consists of two half-logs 22cm in diameter and ei
    Read More
  • China’s Shaanxi province to boost transportation investment by 22%
    July 13, 2015
    China’s northwest province of Shaanxi plans to increase its spending on highways by 22% to nearly US$8.9 billion, according to an official statement. World Highways reported last year that Shaanxi was to spend nearly $5.8 billion in 2014. Of the total, nearly $5.8 billion has been allocated for five highway construction projects totalling 261km. Within 2015, there will be 600km of new highways in the province, raising the total highway length to over 5,000km by the end of 2015. Meanwhile, 11 new
    Read More
  • China boosting production of electric vehicles to meet demand
    October 22, 2014
    Data from China reveals that manufacturing output of electric, hybrid and other new energy vehicles in the country has grown by a factor of 11 for September 2014 compared with the same month in 2013. China produced 10,113 units of new-energy vehicles in September 2014. The output of hybrid passenger cars and electric passenger cars stood at 2,369 and 3,589 units respectively. For the period from January to September 2014, Chinese production of these low impact vehicles increased by a factor of four to 41,30
    Read More
  • IRF chairman and mayor of Riyadh discussed the forthcoming IRF conference with World Highway
    April 12, 2013
    Every four years, for the last 60 years, the International Road Federation (IRF) has brought transportation officials and experts from around the world together in one place for the IRF World Meeting & Exhibition. This is the premiere global event for transportation professionals. The 17th IRF World Meeting & Exhibition is set to happen in Riyadh, Saudi Arabia, November 9–13, 2013, and features a compelling executive and interactive session programme and a peer-reviewed technical and scientific session prog
    Read More

Highlighted Content