· Aston Martin announced a five-year investment plan in China totaling 5.3 billion yuan

According to a report by the British car magazine on January 31, the British luxury car manufacturer Aston Martin has announced its investment plan for the next five years in China, which totals 600 million pounds (about 5.36 billion yuan). The plan includes a total of more than 20 million pounds (about 176 million yuan) of dealer investment and development projects, aiming to further increase its sales in China.
Aston Martin President and CEO Andy Palmer officially announced a five-year trade and investment plan for the Chinese market while accompanying British Prime Minister Theresa May. In this program, Aston Martin will implement a total of 20 million pounds (about 176 million yuan) of dealer investment and development projects in the Chinese market, and open a new concept exhibition hall in Beijing. By the end of 2018, Aston Martin will set up 10 new dealers in China, and Aston Martin's dealer network in China will cover 20 cities. At the same time, Aston Martin also plans to launch its first SUV model, the DBX, and the first electric car, RapidE, in China in 2019.
In the past 2017, Aston Martin's annual sales in China increased by 89% year-on-year due to the successful entry of its new super sports car DB11 car into the Chinese market. Aston Martin's CEO Andy Palmer said, "Aston Martin's outstanding performance in China in the past year reflects the increasing demand from customers for new and special models. We will continue to introduce new models. The first electric car to be launched in 2019 will further expand Aston Martin's market share in China; we will continue to increase investment and increase our sales performance and brand awareness." He also stressed that " China is undoubtedly the most powerful market in the world by Aston Martin. The announced investment plan in China also reflects our confidence in our own brands and the Chinese market."
Aston Martin released the new Vantage at the end of 2017, which is powered by the DB11's 4.0-liter V8 twin-turbo engine. Aston Martin also wants to use it to further increase sales in China. In addition, Aston Martin is building a new plant in the St. Anson area of ​​Wales to launch the new DBX model and develop electric vehicle technology.

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