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Domestic automakers dominate low end of market.

Publication: Automotive News
Publication Date: 14-MAY-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Domestic automakers dominate low end of market.(2007 Guide to China's Auto Market)

Article Excerpt
Byline: Alysha Webb

Domestic automakers held their market share in 2006 against aggressive and well-funded overseas companies.

At the end of 2006, domestic brands owned 26.4 percent of the 4.7-million unit passenger-vehicle market, up from 26.2 percent at the end of 2005.

They dominated the low-priced end of the market. Most vehicles costing less than $10,000 were assembled by domestic companies.

Expect that dominance to continue in 2007. Overseas brands are chipping...

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