Luxury auto party over in China as growth slows, graft drive bites
Shanghai (AFP) April 21, 2015 - When Italian luxury carmaker Maserati entered China a decade ago, with a brand virtually unknown to Chinese customers, it sold fewer than 40 vehicles its first year. Last year, the Asian giant was Maserati's second largest market as sales of its sports cars - including the Quattroporte, which can cost up to $377,000 - reached 9,400, more than doubling from 2013. But now its chief execu ... more
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