$600 million China rental leasing the largest purchase order in the history

The largest order in the history of domestic car rental was born yesterday.　　Yesterday, "Daily economic news" from Beijing Shenzhou Automobile Leasing Co., Ltd. (hereinafter referred to as "Shenzhou car") learned that the Shenzhou car rental will be spent 600 million yuan, in the year before the purchase of 6000 operating vehicles.　　This is the Shenzhou car rental following Lenovo holding 1.2 billion holdings, 25.5 million after the acquisition of East China Leasing another major move, and 600 million yuan of huge investment in the Chinese car rental industry unprecedented. According to the company, the procurement will be completed in 2-3 months time, by then, the Chinese car rental fleet will be increased from the current 6,000 to 12,000, become the first self-owned vehicle size of the leasing enterprises.　　And, in the next 5 years, the Shenzhou car rental plan own vehicle will break through 100,000 units.　　Industry insiders told reporters that car rental is actually a capital-intensive industry, but compared to foreign car rental industry, China's "auto finance" has not been fully opened, domestic car rental enterprises all the vehicles need to be wholly-owned procurement, to rely on operating income to gradually expand the scale, greatly restricting the rapid development of car rental industry.　　But in September 2010, with Lenovo holding "equity + debt" in the form of capital injection of 1.2 billion yuan holding China rental car, and brought billions of of the bank credit, the Shenzhou car rental basically solve their own development in the demand for funds.　　Industry people at the same time evaluation, the Shenzhou car rental in the automotive leasing enterprises in the "first" to "public procurement" approach to the major car manufacturers, the future of China's car rental market will also become the development of China's auto market another significant growth point.　　According to estimates, 2007 U.S. car rental revenue of about 22 billion dollars a year, about 30% of new cars into the car rental market, the U.S. well-known car rental companies Enterprise2009 year data show that its last year's new car purchases accounted for the United States annual car sales of more than 8%.　　At the same time, surveys show that the Asia-Pacific region is the emerging car rental market in recent years, Japan, South Korea's leasing market has also developed rapidly, Japan each year accounted for about 15% of the total sales of new cars, about 2 million vehicles into the car rental market.　　Then, China's 2009 passenger car sales of 10.3313 million units to calculate, if the future of Chinese rental companies in the purchase of new cars also developed to 8% of the proportion, it will be nearly 100,000 of the scale. "Although the current domestic car rental enterprises have not been in the automotive market occupies an important position, but the future tens of thousands or even hundreds of thousands of of new car procurement, the elimination of old cars will inevitably have an impact on upstream and downstream enterprises." Industry insiders say.