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On the Challenges and Opportunities Faced by the Development of China Automobile Industry
Under the financial crisis, China automobile industry is both a challenge and an opportunity. In the case that the market of foreign automobile companies is shrinking sharply, China automobile industry has an unprecedented market space, which is a great opportunity for China automobile industry, which helps China automobile industry to get rid of the influence of foreign automobile companies and embark on the road of independent development, which is very beneficial to China automobile industry. But it is also a challenge. This puts higher demands on the technology and equipment level of China automobile industry.

"Although China's auto market has been affected by the financial crisis, we think its prospects are still very good, especially in the secondary market." American R.L. Polk & President Polk Steffen's speech at the 2008 China International Forum on Automobile Industry Development inspired many people. As far as the actual situation of the domestic automobile market is concerned, the first-tier markets such as central cities have become saturated. With the start of domestic demand in the second and third tier markets, this "blue ocean" will become the main driving force for the future growth of the automobile industry.

Judging from the growth structure of commercial vehicle products in September, micro-commercial vehicles are the only ones that keep growing. From the perspective of cumulative sales, from June 5438 to September 2008, heavy trucks and major customers maintained a high growth rate, with cumulative sales of 477,800 vehicles and 32,300 vehicles respectively; The year-on-year growth rates were 28.52% and 17.07% respectively. It shows that under the background that the construction of new countryside promotes the construction of public transportation system and infrastructure, there is more room for the growth of large passengers, heavy trucks and mini-cars in the commercial vehicle field.