Inside Chinese car market: the rise of homegrown players and the impact of Covid-19
Chinese car market is one of the biggest and most developed markets in the world. In 2021, more than 26.7 million vehicles were sold in the country. China contributed to more than 32% of the world car production in 2021. Having a gross output of more than 10 trillion RMB (1.4 trillion USD) in 2021, […]
Will there soon be flying cars in China? Xpeng says flying cars will be a regular part of daily life by 2040
Ever since the ancient times, Chinese people have always fantasized about driving in the sky. Imaginary depictions of air-crafts that could take off and land vertically in massive rural regions appeared in a famous Chinese mythological novel ‘Classic of Mountains and Seas’ (山海经) written from more than two thousand years ago. Today, this myth doesn’t […]
Volvo China is facing challenges despite prospering in Europe
China makes up 20% of Volvo’s global sales. Volvo’s retail sales are the highest in Europe (50%), followed by China, and the US (15%). The best-selling car line is XC-models (56%), which include SUVs cars, followed by V-models (29%), which include medium-sized and large cars, and S-models (15%), which are sedans. In 2018, Volvo broke […]
Ferrari in China
Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the Italian sports car manufacturer sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has had great […]
Market analysis on Smart cars in China
Market analysis on Smart cars in China To know more cars in China Smart, cooperation of Mercedes and Swatch, has been entered the market since 1998 in European countries. The innovative concept of the mini-sized vehicle quickly captured the market of young and fashionable people. It has a huge influence in China. Our focus today […]
Market Research on Cars in China
Market Research on Cars in China China` spectacular economic growth over the past 20 years has been reflected in the emergence of the world`s fastest growing consumer market and a vibrant, burgeoning middle class. As incomes in China have risen, Chinese consumers` interest in products that were previously out of their reach, for example cars, […]
Market research on cars in China
China` spectacular economic growth over the past 20 years has been reflected in the emergence of the world`s fastest growing consumer market and a dynamic, burgeoning middle class. As incomes in China have risen, so have Chinese consumers` interest in products that were previously out of their reach, for example, cars. In 2013, car sales […]
Audi China : analysis of a successful strategy
Volkswagen is one of the biggest foreign companies operating in the four BRIC nations in general, and China in particular. China is already the world’s biggest automobile market, and it’s expected to grow faster than other BRIC nations between 2013 and 2015. Its luxury car market, which is expected to expand by 140% between 2012 […]
Focus on Bugatti and Luxury Cars in China
Focus on Bugatti and Luxury Cars in China To see more about luxury cars in China The Bugatti Company, and most particularly, the company’s founder Ettore Bugatti are venerable fixtures in the world of automobile engineering. From the very beginning, Bugatti’s unique constructions and high aesthetic standards have lead the brand to be recognized as […]
Market research: Automobili Lamborghini’s and luxury cars in China
Market research: Automobili Lamborghini’s and luxury cars in China More about luxury cars in China. Founded in 1963, Automobili Lamborghini is headquartered in Sant’Agata Bolognese, in northeastern Italy. There, it manufactures some of the world’s most sought-after super sports cars. With this year’s presentation of the best-in-class Aventador LP 700-4 at the Geneva Auto Show, […]
Research: China’s growing demand for foreign luxury cars
Despite a recent decline in China’s car exports, its domestic automotive market continues to grow, especially in the premium car segment. The country’s total June car exports amounted to only 84,000 cars, one-fifth fewer than the same period last year, but this drop was accompanied by an 11% increase in cars sold in the domestic […]
Market Report: Aston Martin in China
With nearly a century of history, Aston Martin has developed into an automotive icon: a brand synonymous with luxury, heritage and authentic craftsmanship. Alongside these core values is the company’s passion about the cars it produces. This passion is shared by Aston Marton owners and car enthusiasts. All of its models are, and will continue […]