The Beijing Auto Show is currently ongoing, ending on April 29, captivating industry experts and vehicle enthusiasts with the vast range of cars on display. According to Forbes, the show took advantage of the publicity it was given, featuring the next generation of cars that could eventually require their own special kind of auto repair.
Star-studded selection of cars on display at show
The source noted that the show came replete with various details that should be enticing to car consumers. For example, the revitalized Ford Escort will only be able to be bought in the Chinese markets, according to Forbes. For businessmen and car dealers eagerly seeking to capitalize on fresh markets with sleek vehicles, this news likely means that the Chinese market is a good place to establish business.
Forbes reported that Audi, Lexus, Jeep and Mercedes-Benz came out for the show, displaying the pinnacles of the car industry. While businessmen may have a more serious stake in a cosmopolitan auto show, the natural beauty of the vehicles produced by these companies should be enough to bring in an individual drawn to the allure of state-of-the-art engineering and craftsmanship. Though even the best sports cars will eventually require a car tune up, it would be hard to tell from the selection on display in China.
Auto-Show comes amid China's economic ascendancy
According to CNN, the auto show coincides with the news that China may overtake the U.S. as the largest market for vehicles as recently as 2016. Therefore, the auto show may have had the unintended effect of displaying China's burgeoning prowess in the car-market, continuing to rival the U.S. as a major economic power. Prospective investors and auto consumers may have gleaned quite a bit of information from the show, especially regarding the future of the auto market. However, Forbes did note that China has a paucity of charging stations which may be a problem for drivers worried about vehicle maintenance.
"China is now one of our leading markets together with the U.S.," said Rolls Royce CEO Torsten Muller-Otvos, according to CNN, "In 2013, 1 out of 4 cars manufactured in Goodwood (Rolls-Royce's bespoke design studio) came to China."
The esteem and acclaim China has generated in the car market should be great news for prospective car consumers who want a wider variety of choices within the auto industry.