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

  • Texas toll road opening in 2018
    December 15, 2017
    Work on the 360 Tollway in the US State of Texas should be complete in 2018. The link measures 15.5km long and runs between US287 and Camp Wisdom Road. The project is expected to have cost US$340 million once the work has been fully completed. Building work for the route commence in 2015 and the new link is intended to reduce traffic congestion in the Arlington area, lowering journey times for drivers.
    Read More
  • Brazil’s dangerous roads see an increase in fatalities
    February 13, 2020
    Brazil’s poor road safety is under the spotlight, with an increase in fatal crashes.
    Read More
  • Canadian PM Trudeau warned of costs rises for Gordie Howe Bridge
    January 11, 2016
    A devaluing Canadian dollar has pushed up the cost for building a signature Windsor-Detroit bridge by around US$2.5 billion, according to Canadian media reports. The increase more than doubles what was believed needed by the Canadian government to construct the Gordie Howe Bridge, named after a Canadian ice hockey player who played most of his career for the Detroit Red Wings. The toll bridge, to be built under a public private partnership, will link the US city of Detroit, in the state of Michigan, w
    Read More
  • Geosynthetics market will develop
    March 1, 2012
    A new report from the US-based market research specialist the Freedonia Group suggests that worldwide demand for geosynthetics is projected to increase 8.3% annually to 4.5 billion m2 in 2015
    Read More

Highlighted Content