Market & Industry
Luxury car sales in China may reach 1.1 mln units by 2015
Shanghai September 10 (Gasgoo.com) Luxury cars' market share in China will surge significantly, J.P. Morgan predicted in a report released recently. Moreover, J.P. Morgan and J.D. Power both believe that China's luxury car sales are likely to reach 530,000 units this year, and more than double to 1.1 million units by 2015, Shanghai Securities News reported Friday.
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