At the Beijing Auto Show organizers assigned 4,000 square meters of space for luxury cars, where top brands are displaying their new models.

Competition among luxury car brands in China is becoming more and more intense, with the latest indication of exciting times being the launching of Porsche AG’s new showroom in Shanghai last week. Even though the European luxury brands spread over different price ranges, they all have the climbing number of affluent Chinese customers in their sights.

According to a survey conducted, the number of China’s middle class, aged between 20 and 49 with annual incomes in the range of ,000 and ,000, will reach 100 million by 2016, an increase of 35 million from last year. Meanwhile, the nation has attained growth of more than 10 percent annually in gross domestic product over the past few years and has given birth to more than 300,000 millionaires in U.S.-dollar terms. According to the latest “rich list” made public in China, more than 500 people had assets of more than 0 million.

The market for luxury cars in China is not showing indications of backtracking. It is anticipated to grow 20 percent annually until 2008 and then at 10 percent per year until 2015, according to Ernst & Young. Freshers including Aston Martin, Lamborghini and Spyker are all struggling for new customers by taking part in auto shows.

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Every loyal customer to Toyota and the people behind the company itself are looking forward to 2008. Why? Because that is the slated release for the much-awaited Toyota hybrid sports car dubbed the Volta. Toyota has always been known to set itself apart from all other car manufacturers, releasing some of the most outrageous designs that seem to grow onto society once the cars establish themselves as bestsellers.

Japan Goes Italian

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The top 5 cars of 1956 is subject to scrutiny by many. Many lists have been compiled of top muscle cars, top super cars or even top race cars. The truth is the top 5 cars of 1956 do not settle on just one type of car but a combination of all these cars.

The 1956 Ferrari 500 Testa Rossa,

The 1956 Ferrari Testa Rossa  boasts a 2.0 liter S4 engine  that has the capacity to travel at 257 km/h  at 190 horsepower. While the original list price is unclear, it certainly cannot match up to the whopping million dollar price tag attached to the 1956 Ferrari Testa Rossa.

The 1956 Aston Martin DB3-S

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