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Foreign carmakers lose more traction in China as luxury stronghold erodes

South China Morning Post

TechnologySouth China Morning Post·Jul 22, 2026·1 min read

Foreign carmakers lose more traction in China as luxury stronghold erodes

International luxury car brands from Mercedes-Benz to Land Rover took a further beating in China last month as wealthy consumers continued to shun expensive petrol-powered vehicles. Struggling against competition from China’s rising…

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