China's Gray Market Worries Auto Makers

China is encouraging gray-market luxury-car sales, posing a challenge for Audi, BMW, Mercedes-Benz and others trying to hold on to profit margins considered some of the best in the world.

Topics:  audi   bmw   mercedes-benz   gray   market   
BING NEWS:
  • Fitch downgrades China’s outlook over economic worries
    Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Fitch ...
    04/9/2024 - 8:43 pm | View Link
  • Taiwanese suppliers reduce deliveries to Chinese carmakers as auto market reshuffles
    China is experiencing a reshuffling of the EV market after rapidly scaling the sector. As the situation intensifies, some automotive parts companies have gradually reduced supplies to China's ...
    04/9/2024 - 4:49 pm | View Link
  • Fitch downgrades China’s outlook over economic worries
    Hong Kong (CNN) — Fitch downgraded its outlook on China’s credit rating on Tuesday, citing increasing risks to its finances as it faces economic challenges. Lowering its outlook from stable to ...
    04/9/2024 - 1:43 pm | View Link
  • China’s Role in EVs Is Splitting the Global Auto Market in Two
    This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...
    03/27/2024 - 6:01 pm | View Link
  • China’s Bond Frenzy Fades Amid Worries Best Returns Are Over
    Banks, sitting on extra cash that they are not able to lend, often buy bonds to earn a return. Aggressive Pricing Ten-year government bond yields of about 2.3% are around 20 basis points below ...
    03/27/2024 - 1:01 pm | View Link
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