Cars
Despite being the world’s biggest car market, China ranks third in the luxury segment, trailing both the U.S. and Germany. Analysts, however, predict that this is about to change soon; in fact, it could even happen at the end of 2011.
- China Will Soon Become Smart's No. 1 Market, Ceo Says
China is rapidly becoming every carmaker’s main market. Even city car manufacturer Smart expects China to become its leading market in a few years, leaving behind Germany and Italy. For the moment, China is behind only Germany in Smart sales....
- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...
- Chrysler Seeks Fiat Synergies To Produce Cars In China
China is the world’s largest car market: last year alone, more than 18 million vehicles were sold there, of which 13.76 million were passenger cars. Furthermore, analysts McKinsey & Company predict that it will grow tenfold between 2005 and...
- High Demand For German Luxury Cars In The U.s. And China
Germany’s car market has definitely seen better days, as sales in the first 11 months of 2010 are down 25.2% compared to the same period last year. However, strong demand for luxury cars in the U.S. and China is keeping premium automakers like...
- Japan’s Economic Future In Doubt: A National Introspective
It’s not been a good year for Japan. China has recently overtaken the Land of the Rising Sun as the world’s second biggest economic power and a recall of over ten million vehicles by one of the nation’s biggest and most respectable...
Cars
China May Overtake Germany as World’s Number 2 Luxury Car Market This Year
Despite being the world’s biggest car market, China ranks third in the luxury segment, trailing both the U.S. and Germany. Analysts, however, predict that this is about to change soon; in fact, it could even happen at the end of 2011.
According to a report from Bloomberg, Jenny Gu, an analyst at research company LMC Automotive, estimated that the number of luxury cars sold in China in 2011 may reach 939,000 units, surpassing Germany’s estimate of 914,000 sales.
Read more »- China Will Soon Become Smart's No. 1 Market, Ceo Says
China is rapidly becoming every carmaker’s main market. Even city car manufacturer Smart expects China to become its leading market in a few years, leaving behind Germany and Italy. For the moment, China is behind only Germany in Smart sales....
- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...
- Chrysler Seeks Fiat Synergies To Produce Cars In China
China is the world’s largest car market: last year alone, more than 18 million vehicles were sold there, of which 13.76 million were passenger cars. Furthermore, analysts McKinsey & Company predict that it will grow tenfold between 2005 and...
- High Demand For German Luxury Cars In The U.s. And China
Germany’s car market has definitely seen better days, as sales in the first 11 months of 2010 are down 25.2% compared to the same period last year. However, strong demand for luxury cars in the U.S. and China is keeping premium automakers like...
- Japan’s Economic Future In Doubt: A National Introspective
It’s not been a good year for Japan. China has recently overtaken the Land of the Rising Sun as the world’s second biggest economic power and a recall of over ten million vehicles by one of the nation’s biggest and most respectable...