Luxury Brand Deliveries Surge in China

Demand for premium brands grows after China scraps COVID-19 lockdown policies.
Demand for premium brands grows after China scraps COVID-19 lockdown policies.
Average transaction figure just a tad over MSRP, far below a year ago.
Make up for some lost sales in Q4 with help of electric push.
German carmaker opens first-ever store dedicated to EVs.
Market watchers eye economic, supply-chain factors.
Carmaker has best quarter of year despite overall industry problems.
Now continent’s most valuable carmaker after blockbuster IPO.
The captive becomes the first finance source to launch an in-vehicle app that allows vehicle owners to manage their account. The app will be available on model-year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation system.
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