Demand for luxury cars in the world increased

John Lawson, an analyst at Citi Investment Research in a latest report says: "2010 is predicted to be difficult everywhere. But wealthier people in China jumped on the occasion of government incentive programs "to cancel car, buy a new car."

At the same time foreign exchange markets facilitate the re-export. Demand also increased in the U.S. and Brazil, and upstream customers in Europe are also interested in buying more. "

In China, demand for luxury cars is even higher than the U.S.. Car sales to increase more than 40% this year, led by the Audi, many years was always a breakthrough on the track of luxury cars in China.
Luxury car segment in China expected to boom over 10% per annum during the past 5 years, many people eager to buy into the 2nd car to assert their social status. "

And they have the spirit of "national" level is very high. The German brand vehicle production in China more expensive goods, but the Chinese still prefer cars made in the original units.


Meanwhile, sales of automobiles in Germany is only 2.7 million vehicles in 11 months, down 25.2% severe in the last 11 months. VDA (Association of German car manufacturer) forecast output would rise 11% to reach 5.5 million vehicles in 2011 and not only in Germany but also increasing in other countries.
According to Autodata Corp., in America, as of November this year, the overall market rose 11.1%, but in the luxury car segment increased more. 11.6% BMW, Mercedes-Benz and Audi Volkswagen's 18.6% increase 23.6%.

But according to reports in December of J.D. Power and Associates, nine out of ten marks to the best-selling car in China as the German mark, the mark left is Toyota's Lexus ES.
Mercedes' parent company Daimler to keep the components factory in the port city of Hamburg to run continuously during the holidays. The company also shorten the Christmas holidays at the assembly plant.
Christmas is a holiday in Germany, but during the Christmas season this year, workers in automobile manufacturing plants back to a shorter stay busy with the production of premium cars in order to meet export market exports are booming. Daimler AG and BMW are limited by the Christmas holidays of workers and keep the plant operational continuity in the days between Christmas and New Year.

BMW to keep assembly plants running at Leipzig during the Christmas holiday. Volkswagen also shortened holiday pretext production needs.

The increase in cases was seen as an invasion of traditional Christmas festivities in Germany (Weihnachtsfest) but is a harbinger of a new year is good.
Tags:Luxury cars,New cars,Fast cars,Honda,Nissan