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How PSA passed BMW, Mercedes in profitability

Asian ladies photograph the interior of a Mercedes model at an auto show in China
China’s slowdown has hurt Mercedes, BMW and other German brands.
August 31, 2019 04:15 AM

German premium automakers find themselves in unfamiliar territory: trailing mass market rivals in profitability. BMW and Daimler have seen returns shrink in the normally lucrative second quarter, pushing their profitability below those of volume peers.

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