Can autonomous vehicle remain invincible?

Citing an undisclosed source from SOHU, no experts had expected Chinese automobile market would work such a miracle in 2009. According to the estimation, it is so incredible that the sales of new cars are between 13.3 million to 13.6 million units. And it is also optimistically forecasted that the sales of Chinese automobile market will win a growth of 20% next year. Some overseas advisory bodies even have predicted in the next 15 years Chinese automobile market will be rapidly developing with an annual growth rate of 13-15%.

　　Then how much of the market shares does Chinese autonomous vehicle enterprises occupy?

According to statistics of the auto market during January to November in 2009 from some foreign institutions, autonomous vehicle enterprises of German hold 69% of their market shares, French autonomous vehicle enterprises Renault and PSA Peugeot Citroen together occupy 54.2% of their market shares while Italian autonomous vehicle enterprises 33% and British 16.6%, which is the Vauxhall produced in the UK account for 12% and other British luxury cars and luxury sports cars take only 4.6%. In Spanish automobile market, two brands Seat and Santana hold 8.9% of the market shares. The autonomous vehicle enterprises of Russian and Ukraine, two major export destination countries of China, respectively occupy a market share of 30.5% and 7.6% in their own countries. In Ukraine, the contribution mainly comes from their top enterprise Zaporozhye. In American auto market, the top three brands hold 44.6% of the market share. In Japan, their own auto brands account for 90% of the market share (Japan Automobile Manufacturers Association has forecasted that the sales of Japanese auto market will reach 4.6 million units in 2009, decreasing by 9.3%). As to China, our autonomous vehicle enterprises possess of the market shares.

The specific data of Chinese autonomous vehicle enterprises concerning market shares will soon be released. However, it is noteworthy that the sales of Chinese autonomous vehicle enterprises all come from low-end models as is well known that the profits of Audi, Mercedes-Benz, BMW and other high-end models of American, Japanese and South Korea are much higher than that of Chinese self-owned brands. These JV will improve their production line and more economical models in order to beat the autonomous vehicle enterprises. With the supportive policies of the government, speeding up their pace to integrate into the global automobile market and sticking to the expansion plan of exploring the overseas markets, can Chinese autonomous vehicle enterprises size the new opportunities to remain invincible? Let us wait and see.(Translator: Yalong /Jessie)

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