(3) Cars in China | Still Racing Ahead; China’s luxury car market is a prize—but not for local firms.
http://www.economist.com/news/bu ... -still-racing-ahead
("A new report from McKinsey, a consultancy, calculates that China is now the world’s second-largest market for 'premium' cars (which include posh brands like BMW and Aston Martin plus the snazziest offerings from mass-market producers like Volkswagen and GM")
Note: The article cites
(a) Sha Sha, Theodore Huang abd Erwin Gabardi, Upward Mobility: The Future of China’s Premium Car Market; China is set to surpass the US as the world’s largest premium auto market by 2016. McKinsey&Co Greater China, Mar 7, 2013
http://www.mckinseychina.com/201 ... premium-car-market/
(Exhibit 1 of the full report, headlined "Global premium car sales ranking, thousand units," displays a bar chart for 2012 (estimate): US 1,700 (No 1), China 1,246 (2), Germany 947 (3), UK 530 (4), Italy 250 (5), France 228 (6), Japan 202 (7))
(i) I am surprised that Japan was not into premium cars back in 2002, either (according to the same exhibit).
(ii) Despite the 中文 language option in the upper right corner of the home page of McKinsey Greater China, this latest report is not translated into Chinese, as of today.
(iii) SHA Sha 沙 莎; 全球董事 · 香港
http://www.mckinseychina.com/zh/sha-sha/
("沙莎于2001年毕业于哈佛商学院,并拥有北京大学国际经济学学士学位")
(iv) Theodore HUANG 黄 韬 (Information Analyst, McKinsey at Shanghai)
(b) The report by Bernstein Research, more than 200 pages and written by a team led by Max Warburton, aimed at its clients, and is not available to the public. See
China Decade From Having Global Carmaker, Bernstein Says. Bloomberg News, Feb 21, 2013.
http://www.bloomberg.com/news/20 ... bernstein-says.html |