Pursuits
Mercedes Leads Luxury-Car Discounts in China as Economy Slows
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Mercedes-Benz and BMW dealers deepened their discounts on some models in China last month as slowing property and stock markets weighed on premium-car purchases, according to a research firm.
Average prices of Daimler AG’s basic 2012 Mercedes-Benz C200 sedan at Chinese dealerships were 16 percent below the manufacturer’s recommended price last month, compared with 14 percent in October and 3.4 percent in July, when the model became available, according to data from China Auto Market. BMW dealers sold the 2012 320i sedan 11 percent below the suggested price, more than triple the initial discount for the 2011 model.