Passenger Car Production in China Will Surge At a CAGR Of Around 16% During 2011-2014

The passenger Car industry in China has been witnessing an incessant development with a vast consumer base holding more purchasing power and improved road infrastructure. The production of passenger car has been continuously gaining advantage from the country’s growing popularity as a profitable manufacturing hub and rising investment by many international players. As per the estimation carried out in our latest research report, the domestic passenger car production will surge at a CA GR of around 16% during 2011-2014.
 
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