Thursday, April 26, 2012

Luxury automakers rush to capture Chinese demand

FILE - In this April 24, 2012 file photo, a woman walks out from a Mercedes-Benz CLS-350L during the Beijing International Automotive Exhibition in Beijing, China. Luxury automakers from Mercedes-Benz to Cadillac to Japan's Infiniti see China's newly rich buyers as a big part of their future. They are designing models for Chinese tastes and shifting some production to this country as its rapid growth mints tens of thousands of new millionaires. (AP Photo/ Vincent Thian, File)Han Zhongping, a 38-year-old coal mine owner who has four luxury cars and is in the market for another, looked at BMW's latest sedans at this week's Beijing auto show and said what he wants is simple.


No comments: