{"id":142347,"date":"2025-12-14T07:22:53","date_gmt":"2025-12-14T07:22:53","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=142347"},"modified":"2025-12-14T07:22:53","modified_gmt":"2025-12-14T07:22:53","slug":"sales-of-high-end-cars-tumble-in-china-as-affordable-local-brands-trump-european-marques","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=142347","title":{"rendered":"Sales of high-end cars tumble in China as affordable local brands trump European marques"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort.<br \/>\nThat is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world\u2019s largest auto market.<br \/>\nA prolonged property downturn in China has left many consumers with little appetite for big purchases. Meanwhile, the well-to-do are&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3336375\/sales-high-end-cars-tumble-china-affordable-local-brands-trump-european-marques?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/142347"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142347"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/142347\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142347"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}