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Why BMW and Mercedes are struggling in China | DW News
7 months ago
6
New sales figures from BMW and Mercedes-Benz show that the luxury German carmakers are seeing sinking sales in China. The Asian superpower is a behemoth in the region, and is one of the most important car markets for automakers around the world. But a turn to electric vehicles and a focus on domestically made cars means Chinese consumers aren't trusting the legacy German companies quite as much anymore.
#dwbusiness #bmw #mercedes
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