Under the compact luxury car market will become a large bonus slowdown

Posted on 4/14/2015 5:35:12 PM

Last week, the China Association of Automobile Manufacturers released the first quarter of this year, China's auto market sales situation: China's auto sales totaled 6.153 million, an increase of 3.9%, an increase over last year, the previous year decreased significantly.
Last year, China's auto sales growth in the first quarter was 9.2%, compared with 13.2% in the same period in 2013. As the world's largest auto market slowdown belong expected. Among these, the economy tends to slow down as well as a second-tier cities to solve the problem of traffic congestion and overpopulation of the car are the reasons for the gradual tightening of policy.
The same slowdown in large-size luxury car market last year, China's overall high-end car market grew by about 22 percent, consultancy IHS Automotiv luxury car market growth this year is expected to fall to 14%. The agency claims that proportion is expected to locally manufactured cars will increase. IHS data show that approximately 70% of compact-class luxury car is manufactured in China, four years later, that number will increase to 83%.
Mercedes-Benz, BMW, Audi this common ABB brand camp, sales topped the Audi brand. Audi recently said publicly that China's high-level, high-end car market, "personalized, small, sports, environmental protection" is the trend. According to Audi's forecast, the luxury car market growth in 2015 will reach 14%, which will also be the Audi 2015 growth targets. Difficult to see, in the first quarter 2015, sales of compact-class model of Audi sales in China accounted for more than 20%, significantly higher than last year.
Mercedes-Benz will begin production this month in China's new plant GLA, which is a compact-class SUV, Mercedes-Benz executives have publicly said that he expected the company's future domestic GLA will bring a significant contribution to sales growth.
In this year's Geneva Motor Show BMW Group released a new car, the world premiere of the innovative BMW 2 series multifunction station wagon and the new BMW 1 Series concern. BMW believes that the compact-class luxury car market is the most important segment of the market and the growth potential of Europe lies. BMW Group has chosen the Geneva show these new and redesigned compact class luxury car, the BMW Group has expressed the compact-class luxury car market's attention and POW.
BMW predicted judgment and analysts coincide. Since 2010, the compact class luxury SUV segment has begun to expand in Europe, the region's sales in 2010 amounted to 270 000. Analysts speculated that the sales will further enhance the next year, is expected to exceed 600,000. Jaguar F-Pace, Tesla Model X, such as the advent of new models will drive luxury compact SUV continued growth in the next 2-3 years.
With the slowdown in China's economy, large-size sedans and SUV sales will gradually give way to a small luxury car. Meanwhile, in China the production of small luxury cars also means that Audi, BMW and Daimler may be exempt from import duty of 25%, thereby reducing the price of the car. This policy led to some level of luxury brands in the joint venture in China's road that gets solid.

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