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In 2011 China surpassed Germany to become the second-largest market for premium cars with delivery of about 980,000 units.The number is likely to increase to 1.2 million in 2012, a 22 percent increase over 2011, well ahead of the growth in the mainstream market, according to LMC Automotive. China is now the biggest overseas market for luxury carmakers Audi, BMW, Rolls Royce, Lamborghini, Bentley and among the top three markets for Jaguar Land Rover, Porsche, Mercedes-Benz and Ferrari. And the long-term picture looks promising. Statistics provided by Ford show that China's luxury vehicle market will grow to about 2.7 million units by 2020, accounting for nearly 9 percent of the overall car market, up from about 6 percent today.
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  • By Li Fusheng And Gong Zhengzheng(China Daily)2017-08-14 08:51

    Lexus, the luxury unit of Toyota Motor, is confident that it will reap steady sales growth in China this year, encouraged by its strong performance in the first seven months of 2017. Tetsuya Ezumi, executive vice-president of Lexus China, said the automaker sold 71,564 cars in the country from Janua...

  • (China Daily)2017-08-07 08:41

    Chongqing Boy left alone at highway station A mother mistakenly left her child at an expressway service station for more than an hour on July 22. She had already driven about 100 kilometers when she received a call from police saying they had spotted her son alone by the side of the road at about 11...

  • By He Wei In Shanghai(China Daily)2017-08-05 07:03

    Alibaba plans to roll out alternative auto sales channel before year-end Imagine an online vending machine where you can buy the latest model from Audi, Mercedes-Benz or Maserati. Later this year, it will become a reality as e-commerce giant Alibaba Group Holding Ltd takes consumerism to the next le...

  • (China Daily)2017-07-31 07:50

    Porsche models to be recalled across Europe German authorities have ordered luxury car brand Porsche to recall 22,000 vehicles across Europe over emissions test cheating amid a widening election-year scandal. Transport Minister Alexander Dobrindt told reporters that "illegal" software disguising the...

  • By Hu Yongqi(China Daily)2017-07-21 07:23

    He Hongzhi, owner of a luxury car-washing shop, washes a car in Chengdu, capital of Southwest China's Sichuan province, on June 10, 2017. [Photo/VCG]Premier Li Keqiang vowed on Thursday to take measures to further open up China's market, including the service industry, while welcoming foreign invest...

  • (Xinhua)2017-07-10 11:31

    CHANGCHUN — The Sino-German auto joint venture FAW-Volkswagen Automotive sold 253,635 Audi cars in the first half of 2017, down 12.2 percent from last year. Liang Liang, spokesperson for Audi in the company, said that despite the fall, sales had increased month-on-month starting from February. In ...

  • By Li Fusheng(China Daily)2017-07-07 09:07

    German automakers are among the most important players in the Chinese auto market, the world's largest. Volkswagen, which translates to "the people's car" in German, is living up to its name in the country. One of the first international automakers to produce cars in China, Volkswagen has also becom...

  • (China Daily)2017-06-23 09:31

    BANGKOK - Dozens of supercars including Lamborghinis, Porsches and BMWs have been stolen from the streets of the United Kingdom and shipped to Thailand in a complex scam that police from both countries are now rushing to dismantle. Sparked by a British request to retrieve the lifted vehicles, detect...

  • (China Daily)2017-06-15 07:33

    Visit for breaking news and exclusive content Society: Heilongjiang farmer builds and tests microlight Li Bing, a 35-year-old farmer in Daqing, Heilongjiang province, has successfully carried out the trial flight of a microlight aircraft designed and built by himself. A livestream of the test flight...

  • By Yang Yang(chinadaily.com.cn)2017-06-14 10:58

    He Hongzhi, owner of a luxury car-washing shop, washes a car in Chengdu, capital of Southwest China's Sichuan province, on June 10, 2017. [Photo by Wang Xiao from Chengdu Business Daily/VCG]He Hongzhi, a car enthusiast, has found huge business opportunities in the luxury car-washing industry in Chen...

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