KPMG: China's Automotive Global Market Share Will Increase by 2015

According to foreign reports, on January 6, KPMG released a survey showing that in the next five years, Chinese auto brands, Volkswagen and Hyundai Motors will likely increase their global market share.

Of the 200 executives interviewed, 81% of executives expect Chinese automakers to increase their market share in the next five years. 75% of respondents believe that the market share of Volkswagen will increase. 72% of respondents believe that Hyundai and Kia will have a big picture. However, 48% of respondents believe that American automaker Chrysex will lose part of the market.

Mike Steventon, a partner of KPMG, said that as the uduli brand, Volkswagen will be the biggest winner. It is a unity of quality and fashion model design.

It is reported that in 2011, Volkswagen and General Motors had a global market share of 9.7%, while Toyota occupied 11% of the global market.

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