Posted inChina

Consumer upgrades drive China’s luxury car market

Despite continuing sluggish growth in Chinese car sales, the luxury car market continues to rise, as more consumers choose the option of upgrading to a better quality, higher status vehicle, reported. According to the China Passenger Car Association, in 2017, sales of luxury cars increased 18% from a year earlier, compared to only 1.4% […]

%d bloggers like this: