Annual report on China car rental market (07-08) issued
[2008-12-23 17:07:26]
Bharatbook.com added a new report on "Annual Report on China Car Rental Market (2007-2008)" ( http://www.bharatbook.com/detail.asp?id=83117 ). This report will help enterprises, investors and industry persons to more accurately grasp the growth pattern of China's car rental market In 2007, China's car rental market experienced extremely fast growth. Almost 100,000 vehicles were available for renting, with operating revenues approaching RMB10 billion. Car rental companies emerged like bamboo after the spring rain. There are now 200 car rental companies in China. Despite its faster growth as compared to the car rental industry when it started, China's car rental market was still in a take-off stage. Most enterprises are of a small size. In terms of management level, domestic car rental enterprises suffer from backward management standard. This has directly resulted in their low level of services. The international car rental services industry is now fully unfolding in China, taking up bigger market shares.
In the face of competitions as well as market changes and challenges, the 2007-2008 Annual Report on China's Car Market released by our team will help enterprises, investors and industry persons to more accurately grasp the growth pattern of China's car rental market:
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