The past two years has seen a revival of the luxury market, once seemingly on hold. The economic downturn has not necessarily affected the wealthy, yet they did alter spending habits for a few months to avoid appearing boastful. Lately, however, the luxury lifestyle is back, shameless and cutting edge!
Global sales of luxury goods hit an amazing $254 billion in 2011, and it seems Chinese women buy luxury cars the fastest, shelling out cash for Maserati’s and other top-of-the-line automobiles.
The China luxury car market is fueled by females, too