In the eyes of increasingly discerning Chinese customers, premium vehicles are not only defined by lavish interiors and advanced technology but also by the special services that manufacturers and dealers offer.
Plummeting Japanese sales in the wake of an ongoing diplomatic dispute were largely responsible for a sluggish September as China's auto market declined 1 percent to 1.6 million units sold.
Moving to tap the fast-growing SUV market in China, Mitsubishi Motors Corp recently formed a joint venture with Guangzhou Automobile Group Co.
In a sales slide with other Japanese carmakers due to the ongoing dispute over the Diaoyu Islands, Toyota hit another bump when it recently launched the recall of 1.4 million vehicles in China to fix defective electric window switches, its largest-ever recall in the country.
Instead of slashing prices, German luxury carmaker Audi AG vows to speed up localization of new products to continue its reign over the premium segment of the world's biggest vehicle market.
Yet slide in market share actually began in 2009
The new locally made Mercedes-Benz GLK-Class launched during the China Open last week is expected to be a fresh, competitive power in the luxury SUV market, said the German carmaker's joint venture in China.
A booming market in South Asia involving more than 10 billion yuan ($1.59 billion) worth of trade was the topic of a summit in Chengdu, capital of southwestern China's Sichuan province in late September.
Chengdu will further consolidate the city's status as a leading economic center in China's southwest by opening itself up to more economic cooperation with South Asian countries, local officials said.
As one of the most important economic, transportation, and communication centers in western China, Chengdu, has extraordinary advantages in terms of trade with South Asian countries.
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