luxury carmakers seek to impress china\s ultrarich
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Luxury carmakers seek to impress China\'s ultra-rich

Arab Today, arab today

Arab Today, arab today Luxury carmakers seek to impress China\'s ultra-rich

Beijing - Xinhua

At the ongoing Guangzhou Auto Show, luxury car makers from around the world are displaying their posh rides in a bid to attract China\'s ultra-rich. Bentley\'s, Maybach\'s and Rolls-Royces, just to name a few, were all in attendance. They know that China’s wealthy love to flaunt it and they’ve got just the rides for them to show it. Forget BMWs and Mercedes, China’s ultra wealthy needs something much more exclusive. We’re talking about Bentleys, Maybachs, and Rolls Royces. These ultra luxury cars were lined up at the annual Guangzhou auto show, ready for inspection by mainland buyers. The star of this year’s show is a special Year of the Dragon Rolls Royce, marking the Chinese Year of the Dragon which starts next year. Global luxury carmakers are bringing out limited edition models just for the Chinese market, as the number of millionaires created every year continues to rise. Brand director Richard Leopold from Bentley China said: \"The reason we do the exclusive limited editions is because that’s exactly what the Chinese like. They like to have something built for them, that is very specific.\" China is fast becoming a major market for luxury car makers, the number of Chinese who are able to afford these cars are growing at a remarkable pace. Surveys show the number of high net worth individuals in the country blew past the half million mark last year with luxury auto sales seen topping the U.S. in the next few years, and many Chinese are certainly not afraid to show that new found wealth to society. Auto analyst Klaus Paur from Synovate Motor said: \"They are more and more comfortable in showing their richness, in showing off, of course, their economic success, but also they are buying these cars in order to obtain some self-gratification.\" The 2011 Guangzhou Auto Show comes at a critical time for the Chinese car market, which after years of explosive expansion, has seen signs of slowing growth. But car makers are optimistic for the upcoming year, with many of China’s major joint ventures announcing new brands.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

luxury carmakers seek to impress china\s ultrarich luxury carmakers seek to impress china\s ultrarich

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

luxury carmakers seek to impress china\s ultrarich luxury carmakers seek to impress china\s ultrarich

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday