German car brands face market share decline in China

Nuying Huang, Taipei; Eifeh Strom, DIGITIMES Asia Tuesday 20 August 2024 0

Credit: AFP

German luxury car brands BMW, Mercedes-Benz, and Audi are experiencing a decline in market share in China amid ongoing price cutting in the local car market. The German brands have ceased price reductions, which industry sources believe is temporary,...

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