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China’s luxury vehicle market to see huge shuffle in 2017 as competition gets white hot

According to data from CBU Analytics, China registered 2.18 million premium brand passenger vehicles in 2016, up 15.61 percent, accounting for 9.06 percent of total passenger vehicle registration volume in the year. Nearly two-thirds of the premium brand vehicles registered were locally produced. In December, premium brand passenger vehicle registration

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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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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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