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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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  • (China Daily)2017-04-28 07:44

    Jiangsu Farmer hired car to defraud women A 47-year-old farmer, surnamed Li, who passed himself off as a rich overseas returnee to defraud women, was recently detained in Huai'an. Li, who drove a hired luxury car while dating local women, was detained in the house he rented after police launched an ...

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  • By Hao Yan In Shanghai(China Daily)2017-04-24 11:42

    Lexus executives pose with the new Lexus NX mid-size SUV at its world premiere during the Shanghai Auto Show on April 19, 2017. [Photo provided to China Daily]Lexus, the Japanese premium automobile brand, has launched a fresh Chinese-language version of its global slogan of Experience Amazing, toget...

  • By Li Fusheng(China Daily)2017-04-24 09:09

    British pop star Amy McDonald performs to debut Land Rover's brand new Range Rover Velar at the Shanghai auto show on Wednesday. [Photo provided to China Daily]Jaguar Land Rover is set to make the most of its China experience and resources for its global business, as Britain's largest carmaker is se...

  • By Li Fusheng(China Daily)2017-04-20 14:58

    Lincoln presents its vehicles at the ongoing Shanghai auto show. [Photo provided to China Daily]US automaker Lincoln has unveiled two models at the Shanghai auto show as part of its commitment to offering Chinese customers more diverse products and enhanced personalized ownership experiences.The MKZ...

  • By Li Fusheng(China Daily)2017-04-20 14:38

    Top executives from Daimler AG, Beijing Automotive Industry Co and Beijing Mercedes-Benz Sales Service Co share the spotlight with the new Mercedes-Maybach S-Class. [Photo provided to China Daily]Mercedes-Benz turned heads at Auto China 2017 with an eye-catching lineup of 47 models representing Merc...

  • By Hao Yan(China Daily)2017-04-20 14:25

    The new Audi A3, equipped with a 2.0L TFSI four-cylinder engine and extensive driver assistance systems, continues to lead the compact premium car segment. [Photo provided to China Daily]The new Audi A3, with comprehensive enhancements, continues to lead the compact premium car segment and accelerat...

  • By Zhang Zhao And Hao Yan(China Daily)2017-04-20 14:24

    From left: Marc Lichte, head of design at Audi AG, Dietmar Voggenreiter, member of the board of management of Audi AG for sales and marketing, Rupert Stadler, chairman of the board of management of Audi AG, and Zhang Pijie, member of the board of directors and president of FAW-Volkswagen Automotive ...

  • By Hao Yan(China Daily)2017-04-20 11:50

    Ian Robertson, member of the board of management of BMW AG, delivers a speech at the 2017 Shanghai auto show. [Photo provided to Daily]Fully demonstrating the company's vitality, the BMW Group product line creates an emotional appeal complementary to the premium mobility experience, while satisfying...

  • By Zhang Zhao And Hao Yan(China Daily)2017-04-20 07:13

    Dazzling lineup of latest models arrives at forefront of China's premium compact market By showcasing its strong lineup and dazzling booth design at the auto show, Audi highlights its commitment to driving toward the more intelligent, connected and eco-friendly future of cars. The premium brand brou...

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