China could overtake Germany in terms of Porsche sales in 3 years
Jun 20th, 2009 | By admin | Category: Main NewsChina may, within three years to become the second largest market after Porsche SE United States, avoiding Germany, reported Bloomberg. This is due to high salaries and a significant Chinese demand for the Panamera sports sedan costing $ 260 thousand
All themajor manufacturers in China have shown good results, - said the head of the Chinese representation Porsche Helmut Brooker.
Last year, China was the third largest market for Porsche, in 2006 - just fifteen.
In order to increase sales of Porsche plans to increase the number of dealers in China and to transfer representation in Shanghai, the financial capital of the country.
According to G. Brooker, Porsche has received over 100 orders in the mainland China to mark Panamera, which was the first new model company for the past seven years, and another 100 - in Hong Kong. By September, when the machines will be put on the market, the number of Hong Kong's orders could increase to 200, he added, while the continental orders in time for the start of deliveries in December and January could reach 600.
Thanks to the anti-crisis measures for the sum of 4 trillion yuan in China, restored economic growth, and sales of automobiles this year increased by 14%, while in the United States recorded a fall on 37%.
Porsche in January-May 2009 increased its sales by 3% - up to 3.174 thousand vehicles, including 900 in May (up 44%).
projected G. Brooker, sales volume for 2009 as a whole would correspond to the level of 2008 due to falling demand in the last year and early this year due to increased taxes. Last year the company sold in China, 8.371 thousand cars in Germany - 14 thousand in the United States - about 35 thousand The world economic crisis and high cost of credit has meant that in the first quarter of this year, Porsche sales in the United States fell by 27 %, in the UK - at 36%.
Audi, Jaguar Land Rover and Daimler are also planning to compensate for falling demand in Europe and the United States by increasing sales in China, where 825 thousand people, the state of which exceeds 10 million yuan ($ 1.5 million).
China is encouraging manufacturers of luxury cars such as Porsche, - the analyst said the Shanghai company CSC Securities HK Ltd. Veigi Khan. - Even the current financial crisis of the wealthy people in China move more easily than in Europe and the United States.
Good morning! Information Group Finam.ru and Investment Company FINAM welcome you to their site, and wish you good day!
Analytical review of the Forex market for June 16
United States: the decline in industrial production led to another drop in
Week on the world stage: color revolution in Iranian?
Inflation in the euro zone in May was zero for the first time in 13 years, as expected
Adds Swedbank Swedbank Invest
Inflation in the UK slowed in May, considerably less than expected
Unemployment in Ukraine - the lowest in Europe
Lie three
