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17.10.14

BUS MARKET * China: Industry Report

* New York - China Bus Industry Report, 2014-2017

(Photo: Street and buses congestion in China) 
Albany, NY -MarketResearchReports/ReleaseWire -15 Oct 2014:  -- Biz include new market research report "China Bus Industry Report, 2014-2017" to its huge collection of research reports... According to China Bus Industry Report, 2014-2017 released by, it is predicted that by 2017 the total sales volume of buses in China will exceed 690,000 units, and that in the upcoming several years, the sales volume of buses in China will present an AAGR of 9% or so... In 2013, large, medium-sized and light buses sold in China totaled 477,000 units, up 12.1% from 2012. In terms of sales volume, Brilliance Jinbei Automobile sold 104,000 buses in 2013, holding 21.8% of the national total and ranking the first, followed by Kinglong Motor Group, JMC, Yutong Bus and Nanjing Automobile. In Q1 2014, the sales volume of buses in China amounted to 112,978 units, rising 13.6%compared with the same period of 2013... In point of products, the large busessold in China totaled 79,067 units in 2013, a year-on-year increase of 5.2%. However, the steady demand from long-distance passenger transportation market and rapid growth in demand from new energy bus market contributed largely to the continued growth of large bus market in 2013. In Q1 2014, the demand from long-distance passenger transportation marketshrank, with the sales volume of large buses dropping 5.0% year-on-year...

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