Japanese carmaker Infiniti confirms commitment to mainland market
Japanese luxury carmaker Infiniti has confirmed its commitment and confidence in the mainland China market at the Shanghai Auto Show.
“We have a very good base [in China] now to move forward. We have just launched two new vehicles – the QX30 and Q60 – and they’re just establishing themselves on the market,” said CEO Ronald Krueger.
Infiniti sold about 10,000 vehicles in China in the first three months of 2017, a 4 per cent increase from the same period a year earlier.
The company, headquartered in Hong Kong, saw a 2 per cent drop in mainland sales in the first half of last year. But with full-year sales of 41,500 cars, 2016 was an overall improvement on the previous 12 months.
Krueger blamed the drop during the first six months on accelerated growth in previous years.
Infiniti started local production at its Xiangyang plant in Hubei province at the end of 2014, which accelerated the growth rate from a low base in 2013. Currently both the Q50L saloon and the QX50 crossover SUV models are produced at the Xiangyang plant.