Using our proprietary survey of 31 brands in 14 cities, we take an in-depth lookat the premium segment, which is up 15.2% YTD vs PV market up 0.5%. Overalldiscounting continued to rise in April for most brands. DF Honda maintains thelowest discounts among mass market brands. Our top picks globally includeBMW, BMW Brilliance and Tata Motors due to exposure to the China premiumsegment.