Posts Tagged china market
China’s Auto Parts Increases in Wages and Raw Material Prices
China’s auto parts industry has always made and grown in recent years. However, until now can be up against some difficult times due to increases in wages, local currency and raw material prices.
The past
Last year, in 2007, growth in China market experienced record growth in terms of production and consumption of automobiles. As people’s incomes rose so did consumption. The year 2007 saw a production of 8.88 million units and consumption of 8.79 million units.
Tags: auto manufacturers, auto parts industry, automotive accessories, automotive wheels, china market, difficult times, national statistics, raw material prices, statistics bureau, wheels and tiresRelated posts
>2011 New MG 6 Sports Car
>
MG Motor has unveiled its brand new MG6, the first car from the company since the launch of the MGF sports car. The model made its debut at the Guangzhou Auto show in China with sales to begin in the country in January 2010. The MG6 is a sporting five seat fastback model, designed to capture the character of the MG brand and bring something different to the volume market, including the UK, in the later part of 2010.
Tags: art factory, automotive market, china market, global future, launch, lb ft, maximum torque, mg brand, peak torque, volume marketRelated posts