Luxury Car Sector Continues To Thrive in China

The sustained growth seen in the Chinese automotive market over the last year has shown that the vast Chinese market -- vast both in size and in potential customers -- still has plenty of room to grow. For luxury carmakers, who've had a tough year in markets like North America and Europe, recent figures that show Chinese buyers are still motivated to part with their cash are welcome, to say the least, as formerly reliable customers in the US and other major economies think twice before signing on the dotted line.