http://www.bloomberg.com/news/2011-06-07/porsche-only-in-china-sells-220-000-entry-level-automobile-for-club-cars.html
At the Beijing Sports Car Club, a $220,000 Porsche SE 911 counts as an entry-level model. Members are competing with counterparts who race $3.9 million Tramontanas and $4.3 million Bugatti Veyron 16.4s.
SS says - Sign of a bubble here -
--------
Deliveries of high-end cars may rise 35 percent this year in the world’s fastest-growing major economy, consultants Bain & Co. said.
“Many Chinese have not yet embraced the idea of fast cars,” said Zhang, 32. “We need them to understand what fast cars are about. They are a work of art.”
At the Beijing Sports Car Club, a $220,000 Porsche SE 911 counts as an entry-level model. Members are competing with counterparts who race $3.9 million Tramontanas and $4.3 million Bugatti Veyron 16.4s.
SS says - Sign of a bubble here -
--------
Deliveries of high-end cars may rise 35 percent this year in the world’s fastest-growing major economy, consultants Bain & Co. said.
“Many Chinese have not yet embraced the idea of fast cars,” said Zhang, 32. “We need them to understand what fast cars are about. They are a work of art.”
No comments:
Post a Comment