TradeNotableSingle-sourceDeveloping
5.3
International luxury automakers face accelerating market share erosion in China
South China Morning PostLO·CN · DE · GB·about 16 hours ago
Chinese electric vehicle manufacturers are aggressively targeting the Thai luxury automotive market, directly competing with established German brands like BMW and Mercedes-Benz. This shift marks a strategic pivot from mass-market dominance to high-margin segments, though the long-term impact on German market share remains uncertain due to brand loyalty and infrastructure constraints.