China Business Strategy: Luxury Car Sales Drop In China

Portends Intense Price Pressure and Competition; Forces Exports


SAN JOSE, Calif., Feb. 14, 2005 (PRIMEZONE) -- Luxury auto sales in China fell short of sales targets in 2004 for Audi and Mercedes Benz, and Chinese government policy encouraging auto manufacturer consolidation means that makers which intend to stay independent will have to export their production.

This is according to an analysis written by China Business Strategy. To read the rest of the analysis, please visit:

http://www.china-ready.com/news/Feb2005/LuxuryAutoSalesInChinaSlowSharply021405.htm

China Business Strategy is a strategic consulting firm focused on helping non-Chinese firms find partners and develop markets in China, and on helping Chinese companies enter the global market. For more information, please visit http://www.china-ready.com



            

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