SHANGHAI (Bloomberg) -- BMW Group has reduced some prices and will cut production in China to placate dealers, a sign that luxury demand in the world's largest auto market is softening.
SHANGHAI (Bloomberg) -- BMW Group has reduced some prices and will cut production in China to placate dealers, a sign that luxury demand in the world's largest auto market is softening.
With hybrid sales on the rise, several automakers are taking another shot at the extended-range electric vehicle.