Luxury Automaker Bentley Says China Market Cooldown Continues

Newswire

LONDON, Oct 10 (Reuters) - Sales of British luxury Bentley cars to China fell 17 percent in the first nine months of 2013, adding to other indications that the market for high-end goods in China is shrinking. Sports car maker Lamborghini and firms such as LVMH and Burberry have warned of a significant slowdown in China over the last year due, in part, to a crackdown on lavish spending as well as a slowdown in growth. Analysts say luxury cars, which have come to symbolise corruption in ...

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