According to Sinotrust’s research, the year 2010 witnessed the most rapid development of China’s luxury car market, when sales volume increased from 157,000 units in 2006 to 604,000 units in 2010 with a growth rate over 60% (luxury brands include Mercedes-Benz, BMW, Audi, Lexus and Volvo). Two major segmentations within high-end car market are B-segment and C-segment. Specifically, luxury B-segment achieved fastest growth in terms of market share but luxury C-segment took largest market share.
To read the full story click on the attachment: Sinotrust company news_Sinotrust’s Analysis on Characteristics of Chinese Luxury Car Customers
Source: Sinotrust is a leading supplier of marketing solutions and credit solutions in China. We collect, analyze and manage information about markets, consumers and businesses to provide marketing research, business information, consulting and database marketing services through integration of information, services and technology. Our products and services help you make better marketing and credit decisions and develop profitable customer relationships.
