For China's auto industry last ten years have been successful. Market volume increased five-fold to 19 million units of vehicles. Already in 2016 China can overtake the United States in segment of premium cars.
In 2011, the premium car segment grew by 54.5%. Two years later it grew again by 18.4%, which has allowed to take second place in sales after the United States with 1.4 million units sold cars.
Premium car segment growth by 11.5% annually from 2013 to 2020. The Chinese market will exceed the average premium cars presence to 10% in markets such as the U.S., if sales will increase to 3 million units by 2020.