Quote:
Originally Posted by dmode
I am in Shanghai right now and the number of luxury cars in the streets are mind boggling. I was actually thinking today how long before China overtakes US as the #1 market for luxury cars. Audi is so dominant here ( despite double the price compared to a similar US model). I also saw more Rolls Royce being driven by regular people to the mall in 10 days than I did in my entire life. I live in San Francisco now and have lived in LA in the past. So I have seen my fair share of luxury markets. But Shanghai seems to be in a different league.
Also, I am intrigued by the "gaudy and Chinese" comment. I don't see any Chinese people drive around with Chrome wheels and other flashy stuff. BMW's recent design flops have nothing to do with Chinese culture. Stop being ignorant.
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+1 chinese market for entry level luxury is only getting started...