http://www.bloomberg.com/news/2011-06-22/porsche-cayenne-in-china-surges-on-30-suv-delivery-rise-cars.html
Sales of SUVs in the world’s second-largest economy will increase 33 percent in the two years through 2012, almost twice the pace in the U.S. and four times that of Western Europe, according to Lexington, Massachusetts-based IHS Automotive, an industry consultant. Porsche SE already sells more Cayennes in China than anywhere else in the world.
SS says
Tread carefully here - It feels like a bubble to me.
--
“It’s the next great wave of consumer demand in China,”said Bill Russo, Beijing-based senior adviser at consulting company Booz & Co. “First-time buyers buy sedans, second-time buyers look for more variety.”
Chinese consumers will buy 4.3 million SUVs by 2018, or 86 percent of projected U.S. sales, up from 47 percent last year, according to Westlake Village, California-based J.D. Power & Associates. SUVs accounted for 9.7 percent of China’s total passenger-car sales last year, from 4.4 percent in 2006, data from the nation’s automakers group show.
SS says
Look at stuff in RED above.
Is thatb guaranteed?
I dont think so.
---
Sales of SUVs in the world’s second-largest economy will increase 33 percent in the two years through 2012, almost twice the pace in the U.S. and four times that of Western Europe, according to Lexington, Massachusetts-based IHS Automotive, an industry consultant. Porsche SE already sells more Cayennes in China than anywhere else in the world.
SS says
Tread carefully here - It feels like a bubble to me.
--
“It’s the next great wave of consumer demand in China,”said Bill Russo, Beijing-based senior adviser at consulting company Booz & Co. “First-time buyers buy sedans, second-time buyers look for more variety.”
Chinese consumers will buy 4.3 million SUVs by 2018, or 86 percent of projected U.S. sales, up from 47 percent last year, according to Westlake Village, California-based J.D. Power & Associates. SUVs accounted for 9.7 percent of China’s total passenger-car sales last year, from 4.4 percent in 2006, data from the nation’s automakers group show.
SS says
Look at stuff in RED above.
Is thatb guaranteed?
I dont think so.
---
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