China Car Rental Market Size, Share, Trends, 2013-2014

For recent years, under the influences of the improvement of consumption capability, the diversification of commercial demand, the development of tourism and other factors, China’s car rental market will develop more quickly and the demand for car rental of Chinese people will continuously change; having an insight into China’s car rental market changes and catering to such changes have become the common challenge of the car rental enterprises and manufacturing enterprises.

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In order to accurately grasp the industry status quo and future development trends of China’s car rental market and analyze the market characteristics of different regions, Huidian Research conducts the in-depth survey on China’s car rental market, together with the car rental industry management departments and major car rental enterprises across China.

There is a total sample of 63 car rental companies in this survey, involving 13 cities, including Beijing, Shanghai, Guangzhou, Hangzhou, Suzhou, Wuxi, Wenzhou, Ningbo, Nanchang, Shaoxing, Guiyang, Qingdao and Tianjin. The respondent cities have a large coverage, including political and financial center cities and the Yangtze River Delta and Pearl River Delta with developed economy; these cities are also the developed regions with the car rental business. This report offers the decisive reference for you to comprehensively know and invest such a field.

Among the respondents, the car rental companies have developed more quickly in Beijing, Qingdao, Ningbo and Wuxi in recent four years.The ownership of rental vehicles has showed the rising trend in all these respondents. Among them, the ownership increase is larger in Beijing, Shanghai, Qingdao and Hangzhou.

The total market scale of car rental in Beijing, Shanghai and Guangzhou accounts for more than 50% of the total scale of the respondents, which are the mainstream market.Among the respondents, car purchase capital of car rental companies mainly have four sources. Among them, by way of the self-owned funds accounts for 56.1%; by way of bank loans is 24.4%.Among the respondents, the mainly usage of enterprise users is for the business reception, accounting for 24.1%. The mainly usage of individual users is for the travel leisure, accounting for 27.1%.

The satisfaction of major brands of car rental companies: Among the level A cars, Jetta has the satisfaction degree of 32.5%, Elantra of 18.5% and Peugeot 307 of 15%. Among the level B cars, Buick has the satisfaction degree of 32.5%, Passat of 20% and Santana 2000 of 14%. Among the Level C cars, Audi has the satisfaction degree of 75%, BMW of 12% and Benz of 7%.With the improvement of people’s living standards, their consumption concept is also changing; the increase of car maintenance fees and the inconvenience of traffic are the two major factors that the people choose the car rental. With the simplifying of car rental procedures and the improvement of service, more and more consumers will choose the car rented as the travel means, which brings an opportunity for China’s car rental market to develop further.

Table of Contents

Project Overview:(1) Project Background(2) Survey Description(3) Survey Vehicle Type(4) Survey Regions(5) Survey Sample

1. China\'s Car Rental Market Environment1.1 Development Opportunities1.1.1 Official Car Reform Bringing Opportunities1.1.2 Rental Polices of Each Region Offering the Powerful Guarantee for the Car Rental Market Development1.1.3 The Continuous Rising of Car Use Costs (for example, Oil Price) Changing the Car Purchase Direction1.2 Factors Limiting the Development1.2.1 Continuous Depression of Macro Economic Environment1.2.2 Weak Overall Strength of Car Rental Companies1.2.3 Car Rental Market Environment Needing to Be Improved

2. Market Structure of Car Rental Industry among Respondent Cities2.1 Basic Conditions2.1.1 Business Starting Time2.1.2 Ownership Form2.2 Policies2.2.1 Qualification Requirements over Car Rental Companies2.2.2 Total Volume Policy of Vehicles of Car Rental Companies2.2.3 Treatment Manner of Eliminating Rental Vehicles of Car Rental Companies2.3 Ownership Situation2.3.1 Car Rental Company Number, 2010-2013 (Jan-Jun)2.3.2 Number of Rental Vehicle, 2010-2013 (Jan-Jun)2.4 Vehicle Ownership and Purchase of Respondents2.4.1 Ownership of Major brands by Vehicle Type2.4.2 Purchase of Rental Vehicle, 2010-2016

3. China\'s Car Rental Market Changes3.1 License Plate Registered Volume of China\'s Rental Vehicle, 2010-2013 (Jan-Jun)3.1.1 Total Volume of License Plate Registered by Category3.1.2 Total Volume of License Plate Registered of Passenger Vehicles by Vehicle Type3.1.3 Total Volume of License Plate Registered of Commercial Vehicles by Vehicle Type3.2 Region Changes of License Plate Registered Volume of China\'s Rental Vehicle, 2010-2013 (Jan-Jun)3.2.1 Total Volume of License Plate Registered by Province and by Passenger Vehicles/Commercial Vehicles3.2.2 Total Volume of License Plate Registered by Major Region and by Passenger Vehicles/Commercial Vehicles3.2.3 Total Volume of License Plate Registered by Major Region Shares and by Passenger Vehicles/Commercial Vehicles

4. Demand Structure of Car Rental Companies among Respondent Cities4.1 Car Purchase Capital Source4.2 Distribution of Rental Business4.3 Enterprise User Property4.4 Car Rental Use of Enterprise Users4.5 Car Rental Use of Individual Users4.6 Reasons for Choosing Current Vehicles4.7 Satisfaction of Major Brands and Preferred Brands for Next Purchase4.8 Rent, Cost Recovery Period and Upgrading Period of Major Brands by Vehicle Type

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