#ChineseMarket

According to China Car Times, the price of the new Porsche Cayenne S hybrid in China will be an eye watering 1.7-million Yuan, or roughly $257,397 in our currency.

The new model is called the S1 and is launched under the Chinese market only brand of Li Nian, a brand formed by the alliance of Guangzhou Automobile Group and Honda Corporation. Think of Li Nian as the opposite of Acura, cars under this brand are targeted towards younger, first-time buyers.

In the Chinese market, Buick is kind of a big deal. Driven by emperors in pre-Communist times, the brand has carved itself a nice as a premium automaker that’s still accessible to the middle class. Most of their products are carried over from the American market (though built locally), but some, like the GL8 minivan are the kind of oddities that could only exist offshore.