McKinsey released a new report on the passenger vehicle market in China (LINK). Key points: After years of double-digit growth, China’s auto market is slowing down. Car ownership loses some appeal due to rental options, leasing, co-owning, and e-hailing. Value takes priority for many buyers and used cars are becoming a more popular option Link … Continue reading McKinsey Report: “Finding the fast lane: Emerging trends in China’s auto market”
McKinsey Report: “Finding the fast lane: Emerging trends in China’s auto market”
