Mercedes-Benz Is Catching Up With Competition In China

As industry overcapacity, real estate, and infrastructure sector slowdowns, drag down economic activity in China, vehicle sales have also slowed down this year, from the previously seen high growth levels in the world's largest automotive market. The relatively weaker economic conditions have also caught up with the ever-so-growing luxury vehicle market in the country, with the likes of Audi-the highest-selling premium automaker in China, BMW, and Jaguar Land Rover feeling the heat. However, Dai...