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Car market: New luxury taxes in China hit German manufacturers

German car manufacturers continue to be under pressure in China: The issue this time is a luxury tax on expensive cars, which is intended to boost the business of Chinese manufacturers.

EK
22. July 2025
A Mercedes Benz new energy vehicle is displayed at the 4th China International Import Expo (CIIE) in Shanghai in 2021.

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Last updated: 24. July 2025