BMW, Mercedes struggle to make luxury cars with Chinese characteristics

Tech-oriented homegrown models are eating German automakers' lunch BMW chose Beijing for the world premiere of its refreshed flagship 7 Series in April. (Photo by Tomoko Wakasugi) BERLIN/SHANGHAI — Sales of German luxury cars are slumping in China as local rivals roll out models with the high-tech features that Chinese buyers want.

Read the full article at the source →