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Major Markets
Key Competitors
Mercedes-Benz
BMW
Mercedes-Benz
Strong brand heritage and global recognition
Extensive lineup of luxury vehicles across segments
High resale value and perceived quality.
Premium pricing can be a barrier for some buyers
Complex infotainment systems in some models
High maintenance costs compared to non-luxury brands.
Expansion of EQ electric vehicle lineup
Growing demand for luxury SUVs and performance models
Development of autonomous driving technology.
Intense competition from other luxury brands (BMW
Audi
Genesis)
Supply chain disruptions impacting production
Shifting consumer preferences towards sustainable and shared mobility solutions.
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