German Luxury Collapse in China: BMW, Mercedes & Audi in Freefall Despite Massive Price Cuts.#BMW

German Luxury Collapse in China: BMW, Mercedes & Audi in Freefall Despite Massive Price Cuts.#BMW

German luxury giants are in full meltdown in China. For the first time in 20 years, Mercedes, BMW, and Audi have all lost massive ground to Chinese brands — even after brutal price cuts of tens of thousands of dollars. Sales are collapsing, dealers are fleeing, and resale values are tanking. Is this the end of BBA dominance? What does it mean for your next luxury car purchase in the US and Europe? The tectonic shift in the global auto industry has begun. Watch before you buy your next Benz, BMW or Audi. The future of luxury cars is here — and it’s electric, Chinese, and ruthless.