You are here

Carmakers focus on China as hot market slows

Slowing economy a drag on vehicle demand; market is forecast to grow an average 5% a year from 2015 to 2020, according to McKinsey

Visitors at an Infiniti Motor event in Beijing. Domestic, international carmakers face increasingly cutthroat competition for consumers whose preferences have become "more practical".


THE global car industry gathers for its biggest annual event in China as analysts say the brakes are coming on in the world's No 1 car market, with the slowing economy dragging on vehicle demand.

China's car sales growth is projected to bump along at an average 5 per cent...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to