China’s Automotive Industry: 2023 Review and 2024 Outlook

GlobalAutoIndustry.com’s latest Audio Interview “China’s Automotive Industry: 2023 Review and 2024 Outlook” features Bill Russo. Mr. Russo is the Shanghai-based Founder and CEO of Automobility Limited, a strategy and investment advisory firm helping its clients to create the future of mobility. His over 40 years of experience includes 16 years as an automotive executive, including 19 years of experience in China and Asia. He has also worked nearly 12 years in the electronics and information technology industries. He has worked as an advisor and consultant for numerous multinational and local Chinese firms in the formulation and implementation of their global market and product strategies. Bill is also currently serving as the Chair of the Automotive Committee at the American Chamber of Commerce in Shanghai.

Audio Interview Guest
Bill Russo, CEO
Automobility Limited

In the 15-minute Audio Interview, Mr. Russo discusses these questions:

• Could you provide us with a ‘big picture’ view of the current state of the China automotive industry?
• As China continues to be the largest automotive market worldwide, what challenges are foreign carmakers and suppliers facing in this market?
• What do you think are 3 or 4 key developments and/or challenges facing Chinese companies as they continue to globalize?
• What are your predictions for 2024 and beyond, for the China automotive industry and its key players?

About Bill Russo:
Founder & CEO, Automobility Limited

Bill Russo is the Shanghai-based Founder and CEO of Automobility Limited, a strategy and investment advisory firm helping its clients to create the future of mobility. His over 40 years of experience includes 16 years as an automotive executive, including 19 years of experience in China and Asia. He has also worked nearly 12 years in the electronics and information technology industries. He has worked as an advisor and consultant for numerous multinational and local Chinese firms in the formulation and implementation of their global market and product strategies. Bill is also currently serving as the Chair of the Automotive Committee at the American Chamber of Commerce in Shanghai.

In his current role, Bill advises start-ups, corporations and investors on how to maximize their participation in China’s Automobility Revolution. In order to achieve success, he believes they must expand their focus from the product (the automobile) to the utility derived from the product (“automobility”), and create a business model and digital ecosystem optimized to provide digitally enabled solutions for both car owners and mobility services users. Bill was previously the regional head of Chrysler in North East Asia, where he successfully negotiated agreements with partners and obtained required approvals from the China government to bring six new vehicle programs to the market in a three-year period, while concurrently establishing an infrastructure for local sourcing and sales distribution. Mr. Russo has a Bachelor of Science in Chemical Engineering from Columbia University in New York, and a Master of Science in Manufacturing Systems Engineering from Lehigh University in Bethlehem, Pennsylvania. Mr. Russo is a highly sought after opinion leader on the development of the China market and the automotive industry.

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