German business owner Hans Beckhoff says the ... traditionally a key market for Germany’s premium car brands. Mercedes-Benz reported a 54% decline over the same period, and BMW has also issued ...
The German auto industry was in crisis mode last year, amid stuttering sales of electric vehicles in Europe and falling demand for fossil-fuel-driven cars in China. Will it survive another year in the ...
The luxury car brands Mercedes-Benz and BMW fared ... China’s rapid shift to NEVs and the dominance of Chinese manufacturers explain why German carmakers now face an uphill battle in this ...