Mercedes-Benz Prepares for a Prolonged Downturn in China’s Slowing Auto Market
Mercedes-Benz is facing mounting challenges in China, its largest single market, as slowing economic growth and intensifying competition reshape the automotive landscape. The German luxury automaker, once a dominant force in the world’s biggest auto market, now confronts a prolonged period of subdued demand that analysts are calling a “durststrecke” — a German term meaning … Read more