Automotive Industry Data
Subscribe  |  FREE SAMPLE   Front Page Editions  |  Current Issue page 1  |  BACK COPIES  |  Info  |  REPORTS  |  CONSULTANCY SERVICES  |   CONTACT  |  MEMBERS 

CHINA - Status Culture
More of China’s new car buyers are turning into Premium-badge snobs
Published: Thu, 19 Apr 2012 18:44:56 GMT
 

China’s market for inexpensive small cars with few frills may have suffered the biggest setback so far, but the sector directly above – the mainstream Small-Sector car segment - has also taken some knocks, albeit on a lesser scale.

That’s born out by latest car sales numbers.

First quarter demand for the overall market may have risen 3.4 per cent, but sales of Small-Sector cars during the same period shrank by almost 1 per cent, after falling almost three times faster during March itself. Again, the knock-on effects were felt mainly by China’s domestic carmakers
...more


 

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.