Chinese slowdown haunts premium carmakers at Paris show

Luxury auto giants BMW, Audi and Mercedes have been enjoying robust demand in China for almost three years as they vie to be the world’s biggest premium car manufacturer. That could be about to change.

While carmakers will use this week’s Paris auto show to display models such as Audi’s updated US$146,600 top-of-the-line R8 coupe and Porsche’s US$126,000 four-wheel drive 911, the fate of the vehicles will be decided thousands of miles away in China, where premium-car buyers are showing signs of saturation.

via Business feed http://www.scmp.com/business/money/wealth/article/1048509/chinese-slowdown-haunts-premium-carmakers-paris-show