Compact sales boom as demands shift
By Hao Yan | China Daily | Updated: 2017-02-06 07:27
Younger, first-time buyers focus on usability, not status
Compact vehicles are now the fastest-growing segment in the automobile market, and the expansion is likely to maintain its momentum in the near future owing to the downsizing trend sweeping the industry, according to insiders.
The compact segment will be the growth engine for the Chinese auto market for the next two to five years, as a result of Chinese customers looking for easier mobility solutions, according to the commentators' predictions.
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