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.
WSJ.com: US Business, Wall Street Journal: Business
Fri, 04/17/2015 - 8:17pm
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.