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WORLD
Still swept along by US and China’s rich
Europe’s prestige car brands brush off weak demand on home front
Published: Fri, 17 May 2013 10:40:55 GMT
 

Audi Q3 orange China

For Germany’s segment dominating prestige carmakers, US and Chinese streets are still paved with Gold. 

One third into the current year, and despite the difficult conditions in their domestic European backyard, the entire small group of Europe’s prestige car makers has been able to detach itself from the unrelenting gloom which has been affecting most of their suffering mass car colleagues, thanks to ongoing healthy demand for their cars in the still expanding luxury car markets in both the US and China. 

These two markets alone are soaking up a forever growing proportion of their global sales.

At a time when West European demand for the status rich prestige cars built by Audi, BMW, Mercedes and Porsche for instance has slowed to a trickle, demand for their cars in both the US and China has continued to expand at a markedly faster rate than earlier expected, thus offsetting the difficulties still encountered in their austerity-gripped West European backyard
...more
 

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This spring is a long time coming  18 Apr 2013



DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

WORLD SELECTED PRESTIGE new CAR sales:
WORLD SELECTED PRESTIGE new car sales by manufacturer and marque APR 2013 v APR 2012
WORLD SELECTED PRESTIGE new car sales by manufacturer and marquE 4-MTHS
2013 v 4-MTHS
2012

CHINA SELECTED PRESTIGE new CAR sales:
CHINA SELECTED PRESTIGE new car sales by manufacturer and marque APR 2013 v APR 2012
CHINA SELECTED PRESTIGE new car sales by manufacturer and marque 4-MTHS
2013 v 4-MTHS 2012

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