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Automobile industry

Beijing Auto Show 2006: A Showcase for Global Automotive Giants

Strategic Insights

— 1 min read

The Beijing auto show is set to open on November 18, attracting global auto giants to display their new products. The show features 1,500 companies from 20 countries and regions, showcasing 572 passenger cars, including 10 global premiere models. DaimlerChrysler, BMW, Volkswagen, Toyota Motor Corp., Ford Motor Co., and General Motors Corp. will participate, showcasing their luxury models.

Key Takeaways:

  • The Beijing auto show 2006 features 1,500 companies from 20 countries and regions, the largest participation in the show's 18-year history.
  • 572 passenger cars will be displayed, including 10 global premiere models.
  • Global auto giants such as DaimlerChrysler, BMW, Volkswagen, Toyota Motor Corp., Ford Motor Co., and General Motors Corp. will participate, showcasing their luxury models.
  • Ford China will display its models in an exhibition hall covering 5,000 square meters, the largest in the show.
  • The show's vice president stated that China is becoming increasingly important to Ford, with the company expanding in the country, which is the world's third-largest vehicle market.
  • Chinese automakers, including SAIC, FAW, and BYD, will demonstrate their own-brand models, including the global premiere of the X3 sports car.
  • Toyota will launch the global premiere of the tenth-generation Corolla, priced from CNY 170,000 to CNY 210,000, with sales expected to reach 200,000 units in 2006.
  • By 2020, China is expected to have a demand of 20 million vehicles, surpassing the US as the world's largest vehicle market.

Statistics:

  • 1,500 companies from 20 countries and regions will participate in the show.
  • 572 passenger cars will be displayed, including 10 global premiere models.
  • 5,000 square meters will be used for Ford China's exhibition hall.
  • China's vehicle market is expected to quadruple its 2000 GDP by 2010.
  • By 2020, China is expected to have a demand of 20 million vehicles.
  • Toyota plans to sell 200,000 units in 2006 and 300,000 units in 2007.

Sources:

  • SinoCast China Transportation Watch
  • COMTEX
  • Beijing auto show 2006 press releases.

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