McLaren roars into China's luxury auto market
SHANGHAI (AFP) - Britain's McLaren opened its first car dealership in mainland China on Thursday, hoping to sell the country's wealthy elite its Formula One-inspired vehicles for up to US$2.1 million (S$2.65 million) apiece.
China has become crucial to luxury car makers, as a growing number of super-rich with an urge to flaunt their fortunes pay enormous sums for a single vehicle.
The Shanghai showroom is in the centre of China's commercial hub, not far from other luxury car dealerships, including Britain's Rolls Royce and Italy's Lamborghini.
Among the models available, the top-of-the-line P1 is listed at 13 million yuan (S$2.68 million), while the 12C Spider will go for at least 3.7 million yuan, a salesman said.