European sales of premium midsize model cars are on the way to top sales of mass-market rivals this year for the first time. more
An additional 10% tax rate will be imposed on premium cars that cost 1.3 million yuan ($188,852) and more, a move that will have big implications for luxury brands like Ferrari, Rolls-Royce and Aston Martin. more
Premium Swedish brand Volvo is set to compete in the world market after revealing a China-built luxury version of its Sedan S90 and the new S90 Excellence, a "super luxury" model, ahead of the 2016 Guangzhou Motor Show. more
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