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

  • Fayat finalises Dynapac deal and closes acquisition
    October 5, 2017
    Fayat has now completed its acquisition of Dynapac. French firm Fayat has acquired the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known under the Dynapac trade name. The agreement includes sales and services operations in 37 countries, production units in four countries: Sweden, Germany, Brazil and China and a production partnership in India.
  • Caterpillar’s healthy second quarter results
    August 2, 2023
    Caterpillar is reporting healthy second quarter results for 2023.
  • Zoomlion: new Europe strategy and GM
    June 9, 2021
    Zoomlion appoints Petre Babiceanu as Europe general manager as the Chinese company ramps up operations at its new European factory to increase its continental market share.
  • Zoomlion’s tower crane record breaker
    January 6, 2017
    Zoomlion’s D1250-80 tower crane has set a world record by lifting a 5.5tonne load at a radius of 100m. The record was set in Changde Guanxi Industry Park and the machine was certified as having the largest working radius in the world. Achieving the record was not straightforward and Zoomlion had engineering challenges to deal with such as the stresses imposed while slewing and the wind load on the boom. These factors required considerable research and development as conventional boom designs could not deliv