Carmakers converge on Shanghai show

Launch of 13 new models signals increasing importance of China's car market.

     Porsche said launching its Panamera in Shanghai was a nod to the rising importance of the market [AFP]

    Global car sales is forecast to fall 8.2 per cent this year by research firm JD Power, while China's sales figures were up 10 per cent in March.

    The biannual Shanghai Auto Show comes on the heels of Sunday's Formula One Grand Prix event in the city.

    The Porsche car company, which unveiled its Panamera luxury car to launch the show, said its decision to reveal the vehicle in China signalled the rising importance of the country's motor market.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Double standards: 'Why aren't we all with Somalia?'

    Double standards: 'Why aren't we all with Somalia?'

    More than 300 people died in Somalia but some are asking why there was less news coverage and sympathy on social media.

    The life and death of Salman Rushdie, gentleman author

    The life and death of Salman Rushdie, gentleman author

    The man we call 'Salman Rushdie' today is not the brilliant author of the Satanic Verses, but a Picassoesque imposter.

    The Beirut Spy: Shula Cohen

    The Beirut Spy: Shula Cohen

    The story of Shula Cohen, aka The Pearl, who spied for the Israelis in Lebanon for 14 years.