The future of luxury cars in the Chinese market is geometric?

Xiao Bian recently fell by the high-end liquor prices, can not help but think of the same disease associated luxury car. Imagine a few years ago, luxury cars couldn't reach the spot, and they would like to get tens of thousands of dollars more if they want to get goods within two or three months. However, recently, the price of Infiniti, a luxury car in Japan, has been lowered. In addition, a variety of car purchase methods such as "low down payment zero interest rate" financial loans and "5050" phased instalments have been introduced. Coupled with the increase in anti-corruption efforts of the Central Government, it can be said that the future of luxury cars will not be. Recently, it is rumors that luxury cars with more than 1.7 million yuan will increase the consumption tax by 20%. If this policy is implemented, it will undoubtedly make the luxury car market worse.

According to the data from the China Association of Automobile Manufacturers, the growth rate of the domestic luxury car market in the first quarter was only 4%, which is far lower than the 13% growth rate of the entire passenger car market. However, despite the approaching winter, the industry is still optimistic about the Chinese luxury car market. The United States "Forbes" magazine recently reported that within 7 years, China may exceed the United States, becoming the world's largest luxury car market. Last year, 14% of vehicles sold in the US market were luxury cars, while China also reached about 9%. By 2020, China will probably sell 3 million luxury cars, compared with 2.3 million in the United States.