Why BMW and Mercedes are struggling in China| DW News

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19 Oct 2024

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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. Chapters: 0:00 The lack of spending on luxury cars 0:53 Beatrix Keim, Director, Center for Automotive Research Subscribe: For more news go to: Follow DW on social media: ►Facebook: ►Twitter: ►Instagram: ►Twitch: Für Videos in deutscher Sprache besuchen Sie: #dwbusiness #bmw #mercedes

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