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.
The developments can help manufacturers pivot from specialized to multipurpose needs during skills shortages and other challenges.