35 million vehicles in 2010, well above its U. (NASDAQ/SORL), and AutoChina
International Limited (NASDAQ/AUTC). The middle class is growing at a staggering
pace, with more millionaires being created. sales. In the January-February
period, vehicle sales were 10% year-over-year to 3.I have been a big supporter
of the Chinese auto sector. You can buy an auto company with exposure to China,
such as the major global automakers. (NASDAQ/CAAS), Wonder Auto Technology,
Inc.You don't have to tell General Motors Company (NYSE/GM) to go to China and
look for growth opportunities. This fact will drive vehicle sales going forward
to the point where China will likely remain the top auto market in the world.
The extra Renminbi means more cash to spend on non-essential goods and
services.Yes, there is clearly some slowing in the Chinese auto market, but I
view dips as opportunities to buy for those with a longer-term view. Power and
Associates.Alternatively, you can also buy Chinese auto-parts makers. Going out
and buying GM would not be my best stock advice, but that is not to say that
there are not other opportunities to play the Chinese auto market.General
Motors, a rising player in China, reported a 34% year-over-year rise in its
February sales to 184,498 vehicles. While this is a concern, the absolute sales
growth in China is still staggering.pcabs/.S.Given that only about 41 in 1,000
Chinese own vehicles, according to some industry pundits, there is clearly ample
room for growth, especially as the income levels continue to rise. The richer
they become, the more they spend on vehicles. In fact, you don't have to tell
anyone.PK), China Automotive Systems, Inc. The rate is well above what we are
seeing in other industrialized countries. In a recent research finding, Credit
Suisse predicted that the household wealth in China will double to $35. The auto
sector in China remains strong, as the country is the world's largest auto
market, with an estimated 16. (NASDAQ/WATG), SORL Auto Parts, Inc.You don't have
to tell General Motors Company (NYSE/GM) to go to China and look for growth
opportunities. In fact, you don't have to tell anyone. While good, this was well
below the record 268,071 sold in January.0 trillion by around 2015 based on
achieving sustainable GDP growth at or near the current growth rate.Sales are
showing some signs of slowing early in 2011.D.Retire on This One Hot Stock!This
stock is up 232% since we first picked it. When consumers find wealth, a
big-ticket item they buy is a vehicle.The world's automakers know that, to grow,
you need a presence in China's auto sector, whether in it's a venture with a
Chinese company or as a standalone manufacturer of vehicles.15 million vehicles
in China, down from 84% growth a year earlier. See where we are making money in
2011 and get our combined 100 years of investing experience working for you
starting today. GM and its Chinese partners sold 2.5 million vehicles sold in
2010, according to the Chinese Industry Association.Get your FREE report on our
top stock pick immediately China Accessories
For Motor Suppliers here.Going out and buying GM would not be my best stock
advice, but that is not to say that there are not other opportunities to play
the Chinese auto market. The key in China will be the rapid growth of the
country's middle class. Our expert analysts say it will go up another 100% in
the next 12 months! Our top 19 stock picks were up an average of 173.The
economic analysis is simple. The sale of luxury cars is surging in China,
according to auto industry researcher J.The area of expensive or luxury vehicles
is booming in China. This includes furniture, real estate, vehicles, and
travel.There are numerous ways to play the Chinese auto sector. Some Chinese
auto plays that I have covered in the past include Brilliance China Automotive
Holdings (OTCBB/BCAHY.57% in 2010 (not a misprint)
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