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, and may need to re-engage in the price war eventually to regain market share.
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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