When Chinese Buy Luxury Cars Why Doesn't "Built In Detroit" Matter?
The luxury market in China has been growing more than twice as fast as the overall auto industry, but Detroit automakers lack a credible entry.
With Ford's Lincoln brand out of the Chinese market, General Motors represents Detroit with its Cadillac brand, positioned above its popular Buick brand to access the burgeoning number of high-end buyers. The Chinese auto industry grew 33% in 2010, while the luxury segment grew 75%.
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Joe_Limon -
5/18/2011 12:50:35 PM
+7 Boost
Weird, the Chinese seem to think Buick is luxury, and they bought about 550,000 of them last year.
uaw_lax -
5/18/2011 11:53:12 PM
+2 Boost
I was going to mention that Joe, this site is laughable at times.
uaw_lax -
5/18/2011 11:54:23 PM
-1 Boost
What cars sold in China are made else where?
car750i -
5/18/2011 2:14:37 PM
+4 Boost
Wow the Mercedes and BMW's had the larges percentage increases. I would like to see this years spread since BMW and Mercedes have caught up to Audi in china.
dlin -
5/18/2011 3:33:56 PM
+2 Boost
You're expecting to sell this to Chinese while you cannot even convince American this 'idea'?
Fijian -
5/18/2011 3:42:58 PM
+3 Boost
GM sells a ton of upscale (expecially designed for China )Cadillacs and Buicks eg the Stretched Cadillac SLS not available in USA.
Fijian -
5/18/2011 7:21:53 PM
+4 Boost
Caddy is upscale.Get over it. People always want imports never mind where they live.
MorePower -
5/18/2011 8:41:19 PM
+1 Boost
If Americans do not want their luxury cars built in Detroit, going by units of vehicles sold, why should the Chinese?
On the larger issue, China does not want to own the US or its auto industry. They want to be one of, if not the, world's superpowers.
cohwang -
5/18/2011 9:09:49 PM
+3 Boost
One more important political factor is that Chinese are anti-US, like the way they dislike the Japanese due to the historical reasons.
Fijian -
5/19/2011 6:48:36 PM
+3 Boost
I nominate Eldard as the biggest idiot here.Are you old enough to drive?
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