China is the world’s largest auto market and it’s also home to over a million millionaires.
Understandably automakers, especially luxury automakers want a slice of that pie.
A new report from Nomura shows that German cars still dominate China’s luxury auto market, and that Audi comes out on top.
The Audi dominates in the entry-level luxury, mid-end luxury and luxury SUV market. In the premium luxury segment Mercedes Benz has the largest market share.
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