Industry / China
New Model Launches In Shanghai Illustrate Luxury Sector Strength
May 2011 | Industry Trend AnalysisThe Shanghai Auto Show, which ran from April 19-28, gave an indication of how the growing middle class in China is making the market a focal point for the strategies of several premium carmakers. The event became a showcase for new models of high-end brands, some produced with Chinese consumers in mind, as the cooling off of the rapid growth in the overall vehicle market looks to be less of a concern for the luxury segment.
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