久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Auto China

Luxury auto market feels the sting of China's slowdown

By Du Xiaoying (China Daily) Updated: 2016-02-02 14:46

Luxury auto market feels the sting of China's slowdown

A row of Rolls-Royce vehicles in front of a hotel in Kunming, Yunnan province. [Wang Yuheng/China Daily]

Significant headwinds from China's economic slowdown and its yearslong anti-corruption campaign have stalled the nation's luxury vehicle market and its automakers.

Cars in the luxury market, such as those produced by Rolls-Royce and Ferrari, carry a price tag that ranges from 3 million yuan to 8 million yuan ($1.2 million). Premium market vehicles, such as cars by BMW and Mercedes-Benz, can cost from 260,000 yuan to 2 million yuan.

Yale Zhang, managing director of the consultancy firm Automotive Foresight (Shanghai), said the top luxury automakers in China began performing poorly last year.

"There were sales drops for the top luxury vehicles in China," he said, adding that officials and the wealthy were not willing to flaunt their wealth.

"It became meaningless to spend 10 million yuan or 20 million yuan on a car," he said.

The premium auto market in China, on the other hand, is healthy and will continue to grow by double digits, although it, too, is under pressure by the country's economic slowdown, Zhang said.

On Jan 11, Rolls-Royce announced that its sales total dropped by 54 percent in China last year when compared to 2014 figures. The marque did not disclose its sales figures in China, although Quattro Ruote, a magazine that covers the auto industry, said Rolls-Royce sold 395 cars in China last year and 860 units in 2014.

According to the magazine, China was Rolls-Royce's largest market worldwide in 2013, but that its sales began falling in 2014.

"With the country devoting greater effort to fight corruption and supervise and control high-end consumption, high-end customers, including super luxury vehicle buyers, are being affected," Quattro Ruote wrote recently.

Globally, Rolls-Royce delivered 3,785 cars to customers last year, the second-highest sales total in the marque's 112-year history. The company said it achieved strong performances last year in all regions except China.

Bentley's situation is similar. It sold 1,615 cars in China last year, a sharp decline from 2,560 in 2014. But it sold 10,100 cars worldwide in 2015, the third year in a row that it sold more than 10,000 cars.

The Volkswagen Group, Bentley's parent company, announced on Jan 12 that although Bentley has not been immune from the current challenges in China, it is confident Bentley will have long-term success.

According to a Bentley owner who wished to be anonymous, a few Bentley dealers in China have begun offering steep discounts. A Bentley Flying Spur W12, for example, was being sold at about 3.2 million yuan or 3.3 million yuan, much cheaper than its retail price of more than 4.5 million yuan.

A Bentley spokeswoman told China Daily on Jan 20 that the marquee is still the leader in China's ultra premium vehicle market. She said Bentley has always focused on customer-oriented services instead of mass production, making its sales figure in 2015 a moot point.

She added that Bentley has high expectations for its sales total this year, especially with the Bentayga, its newly released SUV. She said pre-orders of Bentayga have exceeded the quota for the Chinese market.

The spokeswoman did not disclose the number of pre-orders or the quota figure.

According to LMC Automotive Consulting (Shanghai), China sold 1,744,103 premium cars through the first 11 months of 2015 and sold 912,203 units over the same period in 2014.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 中文字幕视频网 | 成人网18免费网站在线 | 久久91精品综合国产首页 | 亚洲视频网址 | 日本韩国一级毛片中文字幕 | 亚洲国产精品综合久久网络 | 114一级毛片免费 | 国产精品亚洲欧美一级久久精品 | 91亚洲免费 | 泰国情欲片寂寞的寡妇在线观看 | 亚洲精品国产男人的天堂 | 久久精品免观看国产成人 | 天天爽夜夜操 | 一级一级一片免费 | 99久久精品免费看国产一区二区 | 亚洲天堂2016 | 欧美一区二区视频三区 | 国产成人精视频在线观看免费 | 免费观看成人久久网免费观看 | 中文字幕亚洲不卡在线亚瑟 | 色一级片 | 香蕉依依精品视频在线播放 | 男吃女下面刺激视频免费 | 长腿美女被啪的欲仙欲死视频 | 久久久久琪琪精品色 | 国产深夜福利 | 寡妇野外啪啪一区二区 | 午夜男人女人爽爽爽视频 | 三级网址在线观看 | 青草青99久久99九九99九九九 | 国产系列 视频二区 | 国产黄色片在线观看 | 人人99| 手机看片欧美 | 久草在线观看视频 | av片免费大全在线观看不卡 | 91成人啪国产啪永久地址 | 成年人黄页 | 免费国产一级 | a级毛片高清免费视频 | 免费一级a毛片在线 |