Luxury auto makers upbeat about bigger sales _Auto—China Economic Net

17 Апр 2015 | Author: | No comments yet »
Toyota E'z

An FT-EV II concept electric car is at the Toyota booth at the Guangzhou Auto Show in Guangzhou The 8th China (Guangzhou) International Exhibition will open to the from today.

Luxury car are bullish they will higher sales growth to Chinese consumers who are becoming affluent, Shanghai Daily at the week-long China (Guangzhou) Automobile Exhibition which to the media yesterday.

After a year of record sales in in 2010, auto makers are conservative toward the domestic next year on speculation of a in overall demand.

The booming sales may lose in 2011 as tax cuts and subsidies to rural consumption and upgrades, have helped China to the United States as the world’s auto market, are due to expire at the end of year, industry observers

Mercedes-Benz and General Motors are auto makers which they see the overall market between 10 percent and 15 percent year.

By comparison, China’s passenger car surged 46 percent annually to million units in 2009 and are expected to rise 28 percent year to 17.5 million

Japan’s Toyota Motor aims to sell 900,000 in China next year, or an of 12.5 percent from it said. Toyota premiered vehicle E’Z and Zelas, an two-door sports coupe, to at more specific customer in China.

E’Z will be by Toyota’s joint venture Guangzhou Automobile Group and to be in the market next year.

The model, with engines of 1.6 1.8 liters and 2.0 liters, will between 130,000 yuan and 180,000 yuan.

Toyota E'z

Dongfeng targets to sell 200,000 in 2011, up an annual 33 percent. It sales may rise 40 percent a year earlier to 150,000 in 2010.

Industry executives, however, the luxury sector could weather the expected slower

The premium sector will the strong momentum and we are very its growth rate will be than the average, said Hauber, executive vice of sales and marketing at Mercedes-Benz Ltd.

We have been a really high demand for cars as there are so many who want to upgrade their and so many people make money, added Hauber.

For the first 11 months, the auto sold over 129,500 Maybach, AMG and smart in China, a annual surge of 119 percent. It annual sales of 140,000 this year, and is well to achieve a more than in sales to 300,000 cars by It also said it plans to local production to 70 percent by from less than 40 now.

Nissan Motor luxury Infiniti has sold units so far this year, than doubling last and already exceeded its 2010 of 10,000 units.

Toyota E'z

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