Since China began to produce large-scale luxury cars in 2009, the local automotive market has rapidly grown to become the largest in the world, even surpassing the US in terms of sales and production. The Chinese luxury car market size was valued at USD 195 billion in 2024, and this market is experiencing a surge […] This article Western auto makers are struggling in the Chinese luxury car market with recent EV boom is the first one to appear on Daxue Consulting - Market Research and Consul...
