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Mercedes-Benz deliveries fall 8% as China demand weakens
Original: Mercedes-Benz car deliveries drop 8% amid China downturn
Mercedes-Benz reported an 8% drop in car deliveries, which the company links to a downturn in China, one of its most important markets. The decline adds to pressure on German luxury carmakers, which have been grappling with soft Chinese consumer demand and intensifying competition from domestic electric vehicle brands.
Why now: Fresh sales figures showing weakness in China raise concerns about the health of the global luxury car market.
Evidence
- Mercedes-Benz car deliveries drop 8% amid China downturn · Yahoo Finance
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