Homegrown names such as Laopu, Mao Geping and Songmont are winning over customers who are losing their taste for high-end ...

A few days ago, the Chinese Ministry of Finance lowered the threshold for the luxury car tax from a net sales price of 1.3 ...

As luxury demand dampens in traditional strongholds like China and the US, Southeast Asia is emerging as a surprising bright spot, driven by rising affluence, tourism and a more intentional approach ...

Chinese luxury market declines over 18% in 2024, flat sales expected in 2025; ... While appetite for personal luxury goods in China and around the world is declining, ...

Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate ...

China has lowered the luxury car tax threshold to CNY900,000, impacting over half the market. Jaguar Land Rover faces margin ...

Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...

Ferrari isn't alone in facing pain in China's automotive market. In fact, it's faring far better than its western peers as it has purposely limited its sales in China to roughly 10% of its total.

Chinese investment banker Fenglei Fang and his wife, Suning, have found a taker for their 2,400-square-foot unit at the ...

SINGAPORE] The first cars from China luxury brand Hongqi will be launched in Singapore in the first half of 2026, with ...