Business Intelligence on Retailing, Franchising, and Consumerism in China


Deloitte Launches Performance Data On China Auto Dealers

Deloitte’s Motor Industry Services group in Hong Kong has launched what is said to be the industry’s first China luxury and non-luxury operational performance benchmarks.

Vincent Liew, CEO of the Asian operation of DMIS, said that although China’s car imports increased by 53% in the first half of 2008, actual passenger car sales growth slowed to 6% in August and about 2% in September. This is the weakest level in two years, according to a survey conducted by China Economic Review Publishing.

Liew said that the 2008 growth forecast for the mainland auto market is 10%, down from the 2007 growth rate of 15%. Factors such as the recent increase in sales tax on large vehicles, the economic slow-down and increased brand competition mean dealers need to manage their dealerships effectively for long-term success.

Liew added that Deloitte’s Motor Industry Services group is advising various dealerships on how to increase their operational performance by effectively managing the factors within their control.






Be the first to comment on "Deloitte Launches Performance Data On China Auto Dealers"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco