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| • Industry trends |
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| BYD and Guangzhou Mobile Develop the Automotive Electronics Goldmine |
| Date:2008-9-24 9:20:58 |
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Unprecedented prosperity in the automotive industry, the new chief editorial writer and media sociologist Xiao Feng pointed out that the turning point value of China's auto industry is coming. Xiao Feng believes that from a social class, just 5 years ago, a car was a symbol of the new rich class, but today, the car has become the general consumer goods in most well-off urban families. Based on China's unique social and demographic structure, the first round of automobile popular in China is about to become the past; and from view of the international background, with the era of high oil prices, the auto industry's rapid growth will be inevitably limited. Xiao Feng pointed out that the class, the economy, technology, motivation, are bound to bring about a comprehensive concept changes of automobile consumption. No doubt China has entered the automotive community, but the evolution of values, automotive consumer groups, consumer psychology and consumer behavior patterns will become the decisive factor for China's automobile industry to enter a new turning point. |
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