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China’s premium car market in 2017: Sales top 2.57 million units, some dealers earn more than £¤100 million

Who was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue

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China’s luxury vehicle sales in 2015

Audi Even with a 1.4 percent decline, Audi still managed to take home the luxury vehicle sales crown of 2015, delivering 570,889 vehicles. Two main factors contributed to Audi’s negative growth: First, the anti-corruption campaign and more stringent regulations on government vehicle purchase drove Audi out of government vehicle fleets.

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Study: Mercedes-Benz owners in China are wealthiest

Mercedes-Benz owners in China are probably successful and wealthy entrepreneurs while those who drive a Cadillac are likely white-collar workers, according to a brand study recently released. Those were among the attributes associated with owners of eight major luxury car brands in China, according to

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Dealer inventory ratio increases to 2.33 in February

BEIJING – Average inventory ratio (inventory over sales) of Chinese car dealers in February 2014 rose 1.36 to 2.33 compared to January, up 0.32 year-on-year, according to data released by China Automobile Dealers Association (CADA) recently.      Source: CADA In the month, the average inventory ratio of Chinese and

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Aftersales customer satisfaction with China’s local brand car improves

Aftersales customer satisfaction with China’s local brand cars improved in 2013, according to China Automobile Aftersales Customer Satisfaction Research (CAACS) released by China Automotive Maintenance and Repair Trade Association (CAMRA). The overall aftersales customer satisfaction scored 85.8, a slight increase compared with the previous year. The score of local brands

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Dealer inventory ratio continues to decline in August 2013

BEIJING – Average inventory ratio (inventory over sales) of Chinese car dealers in August 2013 dropped 0.11 to 1.35 compared to July, down 0.3 year-on-year, according to data released by China Automobile Dealers Association (CADA) recently.                                                                                                                                                          Source: CADA In the month, the average inventory ratio of Chinese and

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