Aston Martin hones in on Chinese market with new SUV

British sports car maker Aston Martin is designing an SUV for and investing heavily in China, expecting the country to become its largest market in five years, according to its president.

"The reason the DBX is in the plan is because of China," said Andy Palmer in an exclusive interview with China Daily on Wednesday.

The SUV segment is the fastest-growing in China, the world's largest market. Statistics from the China Association of Automobile Manufacturers show that SUV sales grew 11.3 percent year-on-year to 2.66 million vehicles in the first quarter of this year.