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

  • Wacker Neuson sees strong future for sales
    April 24, 2018
    Wacker Neuson is seeing strong financial performance as demand for construction machines continues to improve. While expanding production worldwide, the company is also making a strong investment in research and development, for refining products and designing new models. CEO Martin Lehner said: “We want to focus on innovation. This is what drives us forward. There are two main points for us on products, one is zero emissions and another is on digitalisation.” The company has been heavily reliant on the
  • CTT 2012/CONEXPO Russia visitors up 20%
    June 13, 2012
    A 20% rise in visitors and a 15% increase in exhibitors at this year’s CTT 2012/CONEXPO Russia, compared to 2011 show levels, illustrated the attraction of big infrastructure project spending Russia to the world’s largest construction equipment companies. Major global brands such as JCB, John Deere, Volvo Construction Equipment (CE), Komatsu, Liebherr, and Wirtgen were among the 911 construction equipment companies from 28 different countries present for the five-day event covering more than 124,000m² at th
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro