Luxury Cars-China: As China-US Trade War Starts to Get out of Hand, BMWs Production Shift to China Pays Off
Luxury segment remains vibrant as premium cars outperform the wider market as Mercedes, BMW and Audi earn major chuck of their global profits from China. These insights are according to the intelligence report, titled, "Luxury Cars—China—June 2019," which has been freshly added to Market Research Hub's (MRH) overarching armamentarium. Import tariffs cut on automobiles and automotive parts from non-US sources effective from July 1, 2018 has had positive impact on luxury cars. Selected luxury automobile brands such as Porsche, Maserati,...
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