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As China's luxury car wave ebbs, foreign firms seek domestic foothold

2014-11-19 01:16:07| Automakers - Topix.net

Daimler AG will give its new luxury baby, the Mercedes-Maybach limousine, a glitzy world debut at this week's Guangzhou autoshow, even as analysts warn the end is nigh for China's 10-year high-end car sales boom. The scale of the world's biggest auto market means the German firm and peers like Jaguar Land Rover simply can't ignore it.

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Category:Automotive

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