国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto China

GM outlines ambitious plans to promote Cadillac brand in China

By Li Fangfang (China Daily) Updated: 2014-12-06 08:08

GM outlines ambitious plans to promote Cadillac brand in China

A model poses with a Cadillac XTS displayed at the Shanghai International Automobile Industry Exhibition in Shanghai, April 21, 2013. [Photo/Agencies]

General Motors Corp, the United States-based automobile giant, has charted ambitious plans for its luxury brand Cadillac in China, believing the premium segment will provide strong growth momentum in the longer term.

"Cadillac will introduce nine new models in China over the next five years, with more than 95 percent of its product lineup being localized by 2018," said Johan de Nysschen, who recently took over as executive vice-president of GM and president of the Cadillac division in July.

Daniel Ammann, president of GM, said that the global growth and elevation of Cadillac would be a strategic priority for the company.

"China represents a crucial opportunity given its very strong market and the positive momentum for Cadillac."

The US automaker plans to take Cadillac to the pinnacle of premium segment and make it a leading, iconic global brand. Nysschen said his team is focused on expanding and elevating the brand, growing Cadillac's presence in China and other global markets with a bold plan that includes numerous product additions through 2020.

Global demand for luxury vehicles is undergoing a major shift. Before 2020, China is expected to have surpassed the US and caught up with Europe as the world's largest luxury vehicle market.

German brands - Mercedes-Benz, BMW and Audi - still account for about 75 percent of the segment market share, followed by United Kingdom-based Jaguar Land Rover, Toyota Motor Corp's Lexus, and Volvo which was acquired by Zhejiang Geely Holding Group Co Ltd. Cadillac ranks sixth in terms of sales volume but had the highest year-on-year growth.

Rao Da, secretary-general of the China Passenger Car Association, said: "During the past three years, the luxury segment market share jumped from 6 percent of total market in 2010 to 10 percent now, greatly supported by the increasing locally produced models. With younger customers expected to provide the growth momentum, we will see an acceleration in premium vehicle localization in the coming years."

Cadillac has maintained its momentum in China, its second-largest market after the US. In the first 11 months, Cadillac sales in China surged 50.7 percent from the year-ago period to 64,359 units.

Nysschen said: "Cadillac is in a strong position to address the rapidly rising demand for luxury vehicles in China, a country in which we have a strong foundation given GM's long-standing strength here.

"By offering a broad lineup of products built in China for local consumers, we are intent on being at the forefront of the next stage of the luxury segment's development."

He said that Cadillac will be the first automaker to offer a built-in 4G LTE service in one of its products sold in China next year.

Hot Topics

Editor's Picks
...
清苑县| 浦城县| 奇台县| 孝义市| 应用必备| 白河县| 宜都市| 河间市| 黄平县| 云霄县| 临夏市| 宜春市| 洛南县| 兰西县| 泸水县| 辽阳县| 桐柏县| 双柏县| 怀仁县| 延津县| 印江| 佛冈县| 西乌| 修武县| 仁布县| 盘山县| 湖州市| 贺州市| 罗江县| 谢通门县| 顺平县| 孙吴县| 莱芜市| 洪雅县| 隆子县| 崇礼县| 通榆县| 潜山县| 缙云县| 浦东新区| 桐庐县|