Overcapacity in domestic car brands
(皇冠体育app Daily) Updated: 2013-01-21 15:08A recent report from 皇冠体育app Galaxy Securities shows that Chinese carmakers on average used only 58 percent of their production capacity last year, while Sino-foreign joint ventures operated at 90 percent. The report estimates that only four domestic carmakers will use more than 60 percent of their production capacity this year.
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