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ichphotos453846
Location: Guangzhou, Guangdong, China
Post Date: Dec 10, 2018 4:38 AM
TAG ID: ichphotos453846
Format: 4183 x 2777 Color JPEG
Credit: Imagine China/Newscom
Keywords: China, Chinese, Aston Martin, sports, carmaker, car, auto, automaker, automobile, vehicle
Release Status: No Model Release, No Property Release
Caption:
--FILE--An Aston Martin car is displayed during the 16th China (Guangzhou) International Automobile Exhibition, also known as Auto Guangzhou 2018, in Guangzhou city, south China's Guangdong province, 17 November 2018. Iconic British sports car maker Aston Martin is gearing up its presence in China, which became its fastest growing market last year. "China is an absolutely critical market for us, and we are really excited about recent development of our business in China," said Michael Kerr, the company's vicepresident. Last year, Aston Martin's China sales surged almost 90 percent from 2016, and that momentum has shown no signs of abating despite the slowdown many carmakers have seen in the country. Sales in the country from January to September already exceeded the number of total deliveries last year, said Michael Mingshan Peng, president of Aston Martin China. The carmaker does not release specific sales numbers by country. Future demand is expected to be enhanced by the brand's seven-cars-in-seven-years plan unveiled in 2016. The introduction of its first SUV, the DBX, in 2019 will allow its sales in China to approach closer to those in the top markets of the United Kingdom and the United States. Aston Martin is therefore expanding its dealership network in China. Kerr said it will have built around 20 stores, including those in Wuhan and Nanjing, by the end of this year. Aston Martin entered China in 2011. Peng said the first five years laid a foundation for its development in China, and the second five years, which started from 2016, will see the carmaker open a new chapter of development.
 
--FILE--An Aston Martin car is displayed during the 16th China (Guangzhou) International Automobile Exhibition, also known as Auto Guangzhou 2018, in Guangzhou city, south China's Guangdong province, 17 November 2018. Iconic British sports car maker Aston Martin is gearing up its presence in China, which became its fastest growing market last year. "China is an absolutely critical market for us, and we are really excited about recent development of our business in China," said Michael Kerr, the company's vicepresident. Last year, Aston Martin's China sales surged almost 90 percent from 2016, and that momentum has shown no signs of abating despite the slowdown many carmakers have seen in the country. Sales in the country from January to September already exceeded the number of total deliveries last year, said Michael Mingshan Peng, president of Aston Martin China. The carmaker does not release specific sales numbers by country. Future demand is expected to be enhanced by the brand's seven-cars-in-seven-...
 
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