Half a century ago, the roads of Beijing were home to only 2,300 cars. Now, there are over 3 million, with 1,000 cars added to the capital city’s streets everyday.

Automotive

The market

The year 2006 was a milestone for China’s auto industry as it passed Japan to become the world’s second largest auto market after the United States. By the end of 2006, China’s auto industry sold 7.2 million vehicles and reaped profit of over US$10 billion. By 2015, China is expected to become the world’s largest vehicle producer. The country is already a contender in the production of auto parts, exporting over US$12 billion worth in 2006. The government's commitment to lowering harmful emissions means that there will be a growing market for “green” auto technologies. The days of the bicycle forming the backbone of transportation in this country is already a hazy memory.

How we can help you access this market

As Chinese car consumption continues to rise, there will be opportunities for firms along the full range of the automotive sector from designing to manufacturing to servicing. As in all other sectors, The Balloch Group can help whether you are an investor looking for a project in China or overseas, a company looking to move your manufacturing base to China or a Chinese company looking to expand overseas. We can support your company as you prepare for your IPO overseas or find private equity investors for you. Our clients and success stories pages provide more information on our achievements in this sector. Or, you can contact us directly to learn more about what we can do for your firm.