China’s car sales have fallen for 14 of the past 15 months. Photo: AP Photo

China’s consumption upgrade props up shrinking car market with locally made premium models flying off the assembly line

  • Sales of 10 premium brands, which includes BMW, Mercedes-Benz, Audi, Volvo and Lexus, have risen in a steeply declining market
  • Overall car sales in China have fallen 11 per cent in the year’s first eight months to 16.1 million units
Topic |   Consumers

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China’s car sales have fallen for 14 of the past 15 months. Photo: AP Photo
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.