In a recent China Automobile Sector report, China is forecasted as the future automotive industry leader. The 2012 report, which covers the many aspects of the Chinese automobile market and its various segments, including passenger vehicles, commercial vehicles, utility vehicles, two wheelers and auto component, explains China�s current and future Automotive trends. Its forecasts suggest immense opportunities for Chinese automobile manufacturers such as Amsia Motors, and players, including Investor Warren Buffet, BMW and Toyota.
According to the report, in 2008, China produced a total 9.3 million vehicles, surpassing United States as the second largest automotive maker, after Japan. In the first four months of 2009, China�s automobile market total sales reached 3.84 million vehicles, a number that has also surpassed United States. Hitting a CAGR of around 17% during 2009-2012, the automobile production in China is expected to reach 16 million units by the end of 2012, and become the largest car market.
To boost developments in China�s new energy vehicle market, Chinese government has recently announced various incentives and subsidies. The goal is for China to become the world�s largest producer of electric cars in the next three years. Following the announcement, big players, including Investor Warren Buffet, BMW, Toyota, and leading Chinese auto manufacturers, followed in China�s promising green vehicle market.
In depth analysis of the Chinese automobile market, as provided in the report sections, reveals drastic developments in the industry; among them is the development of growth avenues available for the country�s automobile market, including the motor insurance industry, the steel industry, the used vehicle market, the automotive electronic market, the biofuel industry, etc. Amsia Motors is one, among ten other leading companies, that is gradually expanding in the automotive electronic market, with much of its expansion ushering from extensive research.
The last five years marked a hike in the sales for Automotive product category, produced by Amsia Motors; following customized design exclusively for selective emerging markets. Much of the company�s success is owed to the acquired leading new technology concepts, which focus on building cost effective, quality and reliable Brand 'Amsia Motors' vehicles. These vehicles are now being distributed in the Global markets, with Amsia Motors launched in 18 locations throughout the Gulf, and a new local Corporate office in Brazil under way.
Amsia Motors has current negotiations of plant assembly in Europe, Africa, and South America, opening more opportunities for expansion. And it also has continued joint collaboration with European companies to build exclusive design concepts, which will change the way vehicles operate, and the way they effect the environment.
Currently, there is tremendous demand for electrical vehicles in Europe, and the demand in other countries is also expected to rise in the near future, following the continued growth in the becomming.
www.amsiamotors..com
By Nour Saqqa
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