BUSMAKERS NEWS * China - To explore three markets for growth
The global financial crisis has dealt a heavy blow to China's bus sales
BeijingChina -Huliq News/Auto Industry News -23 Dec 2008: -- ... In October, there were 21,900 buses sold in the Chinese market, down 17.49% month on month, down 13.18% year on year, said Auto Industry News today. Many bus makers are expected to seek their sales growth in the public transportation, rural bus service and bus exports... Amid the financial crisis and market slump, bus-makers in China are seeking ways to boost their sales in three market sectors: the public transportation, the rural bus service and bus exports to some countries and regions. The Chinese government has started its rural transportation network program to link bus services with all village units across the vast country. This means a huge market for China's bus manufacturers... In the first eleven months this year, Huanghai Bus produced 3,965 buses and sold 4,366 buses for public transportation. This segment has ensured steady sales growth for the company to ease the impact of the financial crisis on its newly launched travel coach making project...
Labels: busmakers' news worldwide
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