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Chinas luxury car demand declines as economic slowdown and shifting preferences hurt European automakers sales.

The decline in luxury car sales in China is impacting European brands like Mercedes-Benz and BMW as consumers shift towards more affordable Chinese models amid economic slowdown.

Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort.

Discover the groundbreaking luxury vehicles that shattered conventions, redefined their segments, and paved the way for ...