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Article: In-Depth Report on the Chinese Car Audio Industry for 2007.
- Article from:
- Business Wire
- Article date:
- September 21, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c69066) has announced the addition of China Car Audio Industry Report 2007 to their offering.
The output and sales volume of the automobile industry in China in 2006 reached 7.2797 million units and 7.2160 million units respectively, each up by 27.32% and 25.13% which indicated that China has become world's second-largest automobile consumer market next to US. The domestic automobile sales in 2007 are expected to grow by around 15%, exceeding 8 million units. The rapidly growing automobile market in China activates the whole automobile industry chain. The before-market penetration ...