Fading Magic in China's Vehicle Marketplace

Is the magic starting to fade within the Chinese auto market?A brand new report from consultants Roland Berger warns that, just as China's marketplace has mushroomed into a position of enormous significance for worldwide auto makers, it is entering a phase of much slower growth than it has experienced recently. beijing flights , Most Spectacular Gifts for LoveThe report, titled ' ?' notes that China now directly accounts for 14% of total revenue of a typical European auto supplierâ 'double the 7% level of 2007. How to Pair With Your Shining shanghai flights Everyday Add in sales of cars exported from Europe to China, also, the total now is about 18%, it says.  4 Things You Have to Appreciate About yangtze river That's been a huge boon to companies like Volkswagen AG, BMW AG, the Mercedes-Benz unit of Daimler AG, and PSA Peugeot Citroen SAâ 'and, certainly, a similar boon has been enjoyed by America and Japanese rivals like General Motors Co. Top 10 Giveaways for Teacher's Day, Ford Motor Co. Do You Make These 5 Common Beauty Mistakes with shanghai flights and Toyota Motor Corp. Most Spectacular air china StylishBut the German consulting firm says those glory days of supercharged growth are over. It projects growth will slow to 15% next year, then 10% in 2012, and 8% by 2015.Certainly the marketplace will still be huge by thenâ '18.7 million passenger cars in 2015, Roland Berger estimates.  And by any normal standards those are healthy growth rates.But they're not even close to the growth makers have grown accustomed to: an estimated 35% rise in passenger vehicle sales this year, 51% in '09, and an average of 35% from 2001 to 2007.The survey is the latest gloomy news for the automobile industry in China. On Tuesday, the government confirmedthat it will end a tax break for purchases of smaller carsâ 'sales of which have boomed inside the last two yrs. And last thursday officials in the capital announced that to fight worsening traffic congestion, they would limit new license platesthis year to less than a third of the roughly 750,000 cars sold in Beijing in 2009â 'fueling fears that other cities might follow suit.Certainly, many industry executives are already awareof the impending slowdown. But the down shift will still require difficult adjustments. Says the Roland Berger report: 'China won't save supplier's business in 2011.'