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

  • Zoomlion growing worldwide, particularly in lifting and concrete machine operations
    January 6, 2017
    Zoomlion is confident of future growth in its share of the world market for construction machines - Mike Woof writes
    Read More
  • Road deaths continue to fall in many countries
    June 4, 2015
    The latest information from IRTAD, the permanent working group on road safety at the International Transport Forum, shows that road deaths are falling in many countries worldwide. There were 42% fewer road deaths in IRTAD countries since 2000. However, strong disparities exist between countries, according to IRTAD’s latest data. In all 70 organisations from 39 countries are members of IRTAD. The 2014 provisional data show that 15 of the IRTAD member countries for which figures are available managed to red
    Read More
  • Chinese province of Guangdong to spend over US$117.5bn on highways in 4 years
    October 14, 2013
    The Chinese province of Guangdong is to invest over US$117.5 billion (CNY720 billion) on highway investment during 2013-2017, according to the Guangdong Transportation Bureau. Following the massive four-year investment, the total highway network in the province will increase to 8,140kms. The number of highway with links to other provinces will increase to 24. Construction of the 32.55km Zhuhai's Jindong to Hengqin highway will start at the end of this year.
    Read More
  • Caterpillar’s strong financial performance for 2017
    January 26, 2018
    Caterpillar has announced strong fourth-quarter and full-year results for 2017. Sales and revenues in the fourth quarter of 2017 were US$12.9 billion, compared with $9.6 billion in the fourth quarter of 2016. Fourth-quarter 2017 loss was $2.18/share, compared with a loss of $2/share in the fourth quarter of 2016.
    Read More

Highlighted Content