UBS Investment Research－Where is demand coming from?

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Where is demand coming from?
Growth is back, but demand is changing
Auto demand in China’s less-developed areas is catching up with the coastal
regions and the government is implementing plans on auto consumption, domestic
vehicle brand development, and industry consolidation. As a result, product mix is
shifting and lower-priced, small cars could outperform in the medium term. Auto
demand is strong, but automakers are not positioned equally to capture growth, in
our view.

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关键词：Investment investmen Research Researc coming coming Investment UBS demand

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