Home > Lincoln

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

| | | | | | | | | | | | | | | | | | | Read More

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.

| | | | | | | | | | | | Read More

Mulally: JV equity rule relaxation would be natural evolutio

WUHAN, Hubei – Alan Mulally, president and CEO of Ford Motor Co., believes that China’s 50:50 equity structure requirements for Sino-Foreign vehicle JVs, if lifted, would be a natural occurrence. Mulally made the comment at a press conference in Wuhan, Hubei Province, on the sidelines of the 4th annual Global

| | | | | | Read More