A parallel import car store opens in Hengqin, southern China's Zhuhai City on July 18. Price drop for luxury cars has reached 700,000 yuan (about US$112,676) in the store, Nanfang Daily reported.

Opening day, five of the ten vehicles on show in the exhibition hall were reserved by customers. The store sells 35 cars from 17 brands including models from American, the Middle East and Europe. The brands include super luxury models from Maserati, Porsche and Land Rover; fast going luxury from BMW, Mercedes-Benz, and Audi; as well as ordinary brands like Toyota and a Mustang, which is uncommon in China.

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