Citigroup 花旗－亚洲汽车行业深度分析：上海车展及业绩回顾 32页

27 April 2007 | 32 pages

Asia Auto Sector Shanghai Auto Show, and Results Review

Contents
Shanghai Auto Show Review 5
New type of car demand is emerging; A shift to non-essential demand 5
Moving up, moving down and turning green 5
Stock implications 5
2006 Final Results Review 9
Outperformers and underperformers 9
2H06 results suggest divergent prospects for 1H07 10
Sector Review 11
China: March sales momentum tempered by price cuts 11
India: Moderated growth 17
Malaysia: March car sales up 23% MoM given the full-working month 20
Performance of Asian Auto Stocks 23
Price Trend of Key Materials 25
Appendix A-1 28
Analyst Certification 28