The once-insatiable Chinese appetite for foreign luxury cars is diminishing as consumers increasingly turn to more affordable Chinese models. These vehicles often come equipped with the latest electronics and comfort features, attracting buyers looking for value.

European car manufacturers such as Porsche, Mercedes-Benz, and BMW, long dominant in China's luxury market, are feeling the squeeze. The downturn in China's property sector and a slowing economy are reducing consumer interest in high-priced purchases. The affluent are also becoming more discreet about displaying their wealth, further impacting luxury sales.

Chinese automakers, like BYD, are capitalizing on the shift, offering competitively priced electric and hybrid vehicles. As a result, their market share has grown, while sale

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