<P>KPMG汽车零部件报告<BR><BR><BR>2003 was a watershed year for China’s automotive industry. Sales of new vehicles exploded in such a manner that the Chinese government has undertaken measures in order to cool the industry down. Recently announced price cuts for the majority of passenger cars have increased pressure on market participants and forced them to find a suitable strategy which will allow them to remain in the market during these momentous times.<BR><BR>© 2004 KPMG International. KPMG International is a Swiss cooperative of which all KPMG firms are members. KPMG International provides<BR>no services to clients. Each member firm is a separate and independent legal entity and each describes itself as such.<BR><BR>Contents<BR><BR>Executive summary 4<BR>Automotive market overview 8<BR>Passenger car market 18<BR>Automotive components market 30<BR></P>
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