this post was submitted on 14 Dec 2025
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Sales of high-end cars tumble in China as affordable local brands trump European marques (www.scmp.com)
submitted 2 months ago by rss@news.abolish.capital to c/china@news.abolish.capital
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Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world’s largest auto market. A prolonged property downturn in China has left many consumers with little appetite for big purchases. Meanwhile, the well-to-do are...

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