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WORLD / PREMIUM  BRANDS
First speed bumps for China’s previously speeding luxury car bandwagon

Published: Thu, 11 June 2015 09:28:19 GMT

World premium car sales by month 2015 vs. 2014

In China, some leading European prestige car makers are bracing themselves for a slowdown over this and next year after new AID compiled figures showed a marked slowing of prestige sector car sales since the start of this year

With few notable exceptions such as Mercedes and Porsche, the rate at which the overall prestige car market in China has grown this year, has slowed dramatically in recent months. 

If industry insider comments are taken at face value this has mainly been because of an austerity and anti-corruption drive by China’s central government, tempting some of China’s anxious well-to-do car buyers to wear their expensive fur coats inside out. 

Another commonly cited explanation for the sudden slowdown in pace is that some would-be prestige sector car buyers are holding back in anticipation of imminent price reductions from an increasingly anxious prestige sector car community
...more

MORE LIKE THIS:

> Mercedes on track to relegate Audi into 3rd slot in global prestige car sales 23 Apr 2015


> True vintage year for Mercedes  12 Feb 2015


> Audi forced to dig deeper to retain coveted No 2 Global prestige sector slot  27 Jan 2015


DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:
SELECTED WORLD PRESTIGE new CAR sales:
by manufacturer and marque
APRIL 2015 v APRIL 2014
4-MONTHS 2015 v 4-MONTHS 2014


CHINA SELECTED PRESTIGE new CAR sales:
by manufacturer and marque 
APRIL 2015 v APRIL 2014
4-MONTHS 2015 v 4-MONTHS 2014
    

US SELECTED PRESTIGE new CAR sales:
by manufacturer and marque 

APRIL 2015 v APRIL 2014
4-MONTHS 2015 v 4-MONTHS 2014
 


 

 

 

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