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

  • Volvo CE US$100 million Americas expansion
    March 22, 2013
    Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
  • Keestrack enjoying rapid Chinese growth
    November 28, 2018
    Keestrack has increased its Chinese unit sales by more than 20% in 2018, leaving the mobile crushing and screening plant manufacturer on course to sell around 60 machines in the calendar year. Thomas Hagspiel, the company’s China and Southeast Asia managing director, said the Belgian global crushing and screening equipment firm had been delighted with Chinese customers response to Keestrack’s product offer over the past four years. The company is currently second only to Kleemann in annual China market mob
  • Kuwait’s Sheikh Jaber al-Ahmad Al-Sabah Causeway opens
    August 27, 2019
    World Highways revisits the world’s fourth longest sea bridge - four years to construct and which has slashed travel time between Kuwait’s largest island and the capital city
  • Hyundai aims to be in top three of construction equipment manufacturers
    January 6, 2017
    Hyundai Heavy Industries has ambitious plans to grow from a US$3.7 billion a year business to more than $9.5 billion by 2016. At the worldwide launch of its new flagship R1200-9 (120tonne-class) excavator at INTERMAT, the company unveiled plans to expand its manufacturing facilities and said it wants to move into the top three construction equipment manufacturers. Underlining its intention of competing on a broad front in all sectors of the construction and mining equipment business, Hyundai’s introduction