Week 2012-44 Keynote article: Overcapacity in China

44-1- With a utilization rate of auto plants among the lowest in the world and an expected slowdown in the growth of the automotive market, China will also be affected by the problems of overcapacity in the coming years,.
-The 2008 crisis highlighted the problem of production overcapacity in North America and Europe. If it has been settled in the United States by large restructurings, it is in the heart of the problem of profitability of several European manufacturers.
- And the crisis of overcapacity is expected to reach China. With 19 million vehicles produced today,
Chinese factories have overcapacity estimated at 6 million vehicles. Given the new plants locations in a market, whose growth is bound to slow, overcapacities could reach 9 million vehicles in 2016.

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