Chinese consumers are increasingly embracing domestic luxury brands in automotive, jewelry, and fashion, driven by competitive pricing, advanced technology, and cultural resonance, challenging established Western brands.
Sales of new luxury cars in Russia reached 81 vehicles in April 2026, a record high since November 2021, up 4% year-on-year. Rolls-Royce led sales, with the Cullinan model being the most popular.
Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...
Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...
