Tag Archives: BMW

Update: Luxury Cars And The Competitive Chinese Market

Update: Luxury Cars And The Competitive Chinese Market

Luxury car manufacturers are still aiming for a strong foothold in the China market, whether through streamlining their vehicles’ designs or through forming partnerships with other companies.  The following articles sums up the recent movements of major automobile companies into the China market. 

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Luxury And The Young Chinese Consumer

Luxury And The Young Chinese Consumer

Recent studies have shown that the wealthy Chinese spenders are, on average, younger than luxury consumers from European countries and the United States.  When paired with the fact that the beneficiaries of much of this spending are the children of the wealthy class of Chinese consumers, this information has proven valuable to the luxury brands looking to cater to this Chinese demographic.

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Luxury Car Sales and Production on the Rise in China

Luxury Car Sales and Production on the Rise in China

The behavior of the luxury automobile industry has served as an indicator of China’s economic standing, and the new entrance of factories paired with reports of record sales prove that the market still has growth potential.

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China Luxury News Roundup

China Luxury News Roundup

Summary: Juicy Couture opens Beijing flagship store. 360Buy launches luxury e-commerce site: Toplife.com. Chinese Spend More Money On Luxury Goods Than Europe And The U.S. Combined. Chinese authorities clamp down on foreign businesses such as Wal-Mart and Carrefour. Geoffrey Kent interviewed on travel habits of high net worth Chinese travelers. New York Observer launches Chinese language magazine YUE. China’s second tier cities hungry for luxury brands. China’s millionaires seeking to move overseas.

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